• 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

Farside Investors Emphasizes Strict Editorial Standards

chest

Farside Investors has released a report that emphasizes its commitment to a strict editorial policy focused on accuracy, relevance, and impartiality.

user avatarNguyen Van Long

Meta is Set to Launch a New Prediction Market App Named 'Arena'

chest

Meta is reportedly developing a new app called Arena that will allow users to make predictions on events using points instead of real-world cash.

user avatarJesper Sørensen

Meta's Previous Ventures into Crypto and Prediction Markets

chest

Meta has a history of engaging with crypto technologies, including its previous attempt at a prediction market with the Forecast app, which was launched in 2020 and shelved in 2022.

user avatarSatoshi Nakamura

TurboFlow Secures $6 Million Seed Funding from Pantera Capital

chest

TurboFlow has successfully raised $6 million in a seed funding round led by Pantera Capital, indicating strong investor interest in platforms that integrate prediction markets and trading infrastructure.

user avatarRajesh Kumar

Securitize and tZERO Enter Legal Battle Over Tokenized Securities

chest

Securitize and tZERO are currently engaged in a legal dispute in Delaware concerning the infrastructure for tokenized securities.

user avatarLucas Weissmann

Ted Pillows Releases New Report on Liquidation Data

chest

Ted Pillows has released a new report based on liquidation data, offering valuable insights into current financial trends.

user avatarFilippo Romano

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.