• 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

Asia-Pacific Markets Open Mixed Amid Wall Street's Tech Recovery

chest

Asia-Pacific markets are expected to open mixed, influenced by Wall Street's recent tech-driven recovery and ongoing economic dynamics.

user avatarBayarjavkhlan Ganbaatar

Dogecoin Gains Institutional Recognition with New ETF Launches

chest

Dogecoin's inclusion in Franklin Templeton's expanded ETF marks a significant milestone as institutional interest in the cryptocurrency grows.

user avatarMohamed Farouk

HYPE Token Unlocks Create Significant Supply Pressure

chest

On December 1, 2023, Hyperliquid unlocked 354 million HYPE tokens, which is equivalent to 266% of the total supply, potentially limiting price upside and creating sell pressure.

user avatarElias Mukuru

HYPE Price Faces Significant Technical and Sentiment Risks

chest

HYPE price shows weakness after losing support at $29, with potential for further declines if resistance at $36.36 is not regained.

user avatarDiego Alvarez

Ethereum Faces Resistance Near $3,000 Despite Market Rally

chest

Ethereum's price increased by 8 but struggled to maintain momentum near the $3,000 mark amid cautious trader sentiment.

user avatarKenji Takahashi

Bankman-Fried's Legal Team Seeks New Trial Amid Ongoing Appeals

chest

Bankman-Fried's legal team is seeking a new trial, arguing that errors during the original trial warrant reconsideration.

user avatarMaria Fernandez

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.