• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Vitalik Buterin proposed three ways to simplify the design of Proof-of-Stake Ethereum

Vitalik Buterin proposed three ways to simplify the design of Proof-of-Stake Ethereum

user avatar

by Max Nevskyi

2 years ago


Ethereum co-founder Vitalik Buterin has put forward three proposals to address technological challenges that, in his opinion, may arise in connection with the Proof-of-Stake (PoS) consensus mechanism of Ethereum.

Proposal to simplify PoS: create a design that requires only 8192 signatures per slot (even with SSF), which will make the implementation of consensus significantly easier and lighter.wrote Buterin on social media X.

The main problem is the need for validators, who ensure the network's operation, to create many digital signatures using cryptography for the normal functioning of the network. This represents a significant load on the network, and with an increase in the number of validators, the number of signatures also increases, which can lead to overload. Recent updates planned to strengthen signature requirements.

Vitalik Buterin presented three methods to address this issue in a message posted on the Ethereum research forum on December 27th. The main idea is to reduce the required number of signatures to 8192 for each blockchain slot.

The first solution focuses on creating decentralized staking pools. This will require an increase in the minimum amount of ether required to launch a validator, forcing those who run validators to pool their resources.

The second approach involves creating two levels of stakers: one with higher requirements and another with lower requirements. These two levels will be treated differently during block finalization.

The third method involves the use of a rotating set of participants, where a random set of validators is selected for each block slot. This would distribute the workload and reduce the overall number of required signatures, but, as Buterin notes, such an approach also has its complexities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

USDT and USDC See Lowest Active Addresses on Ethereum Since December

chest

Onchain data shows that USDT and USDC on Ethereum have reached their lowest active addresses since December 2022, indicating reduced transaction activity.

user avatarGustavo Mendoza

Presidio Bitcoin Unveils Report Addressing Quantum Risks to Bitcoin

chest

The nonprofit group Presidio Bitcoin has published a technical report addressing the risks that quantum computing poses to the Bitcoin network, highlighting vulnerabilities and proposing mitigation strategies.

user avatarRajesh Kumar

Chris Giancarlo Transitions from Law to Cryptocurrency Advisory Role

chest

Chris Giancarlo, known as 'Crypto Dad', has retired from his legal practice to focus on advisory roles in the cryptocurrency and fintech sectors.

user avatarMiguel Rodriguez

Bitcoin Price Increase and Stabilization

chest

Bitcoin price has started a fresh surge, clearing the 74,200 zone and aiming for further gains.

user avatarLuis Flores

Bitcoin and Ethereum ETFs Experience Major Capital Flows Amid Market Changes

chest

Bitcoin and Ethereum ETFs have experienced significant inflows and outflows influenced by macroeconomic factors and geopolitical tensions, with Bitcoin ETFs seeing a peak inflow of over $4.7 billion on April 6, 2023.

user avatarMaria Gutierrez

XRP and Solana ETFs Face Low Demand Amid Market Volatility

chest

XRP and Solana ETFs are facing low demand due to market volatility, with XRP attracting only $138 million and Solana just $1.169 million in inflows.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.