• 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

BMIC Develops Post-Quantum Wallet System

chest

BMIC is developing a Post-Quantum wallet system to address future security threats from quantum computers.

user avatarJesper Sørensen

Russell 2000 Index Reaches New High, Indicating Shift Towards Altcoins

chest

The Russell 2000 index has reached a new all-time high, indicating a capital rotation towards altcoins.

user avatarRajesh Kumar

Market Impact of Bithumb's Watchlist Announcement

chest

The announcement of Bithumb's investment watchlist for WITCH, TALK, and HVH tokens led to increased trading volumes, with mixed price reactions.

user avatarLucas Weissmann

Bithumb's Investment Watchlist Explained

chest

Bithumb's investment watchlist serves as a monitoring mechanism for tokens flagged for potential concerns, promoting transparency in the crypto market.

user avatarEmily Carter

Aster's Layer1 Testnet Operational with Mainnet Launch Planned

chest

Aster's Layer1 testnet is now operational, with plans for the mainnet launch in the first quarter of 2023.

user avatarFilippo Romano

Market Sentiment Remains Neutral Amidst Movement's Price Fluctuations

chest

Market sentiment remains neutral despite price fluctuations in Movement, indicating indecision among traders.

user avatarTomas Novak

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.