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Lens

PoS – Proof of Stake

  • Regulation

    Vitalik Buterin defends Ethereum ahead of merge; ‘not a security’

    Ethereum co-founder Vitalik Buterin tweeted a defense of the network’s transition to proof of stake (PoS) on Tuesday, responding to arguments suggesting assets secured by such consensus mechanisms are a security. See related article: Ethereum one step closer to Eth2 with Ropsten testnet merger Fast facts “The fact that you can vote on something to […]

    Lachlan Keller

  • Advanced Blockchain Technologies

    Ethereum one step closer to Eth2 with Ropsten testnet merger

    Ethereum’s successful merge of the Ropsten testnet overnight Wednesday Asia time brought the world’s largest smart contract blockchain closer to becoming a proof-of-stake (PoS) network. See related article: Vitalik Buterin: Why Eth2 will propel Ethereum’s use in enterprise Fast facts One of Ethereum’s oldest testnets, Ropsten, successfully merged the proof-of-work (PoW) execution layer with the […]

    Lachlan Keller

  • Advanced Blockchain Technologies

    Ethereum merge dress rehearsal to take place tonight

    Ethereum’s move to proof of stake (PoS) is inching closer as the network’s oldest testnet Ropsten is expected to transition to PoS on Wednesday night Asia time. See related article: Ethereum PoS move is now being tested on a mainnet shadow fork Fast facts Ropsten’s proof-of-work (PoW) chain will merge with its PoS Beacon Chain […]

    Monika Ghosh

  • Advanced Blockchain Technologies

    Ethereum PoS move is now being tested on a mainnet shadow fork

    A shadow fork of the Ethereum mainnet went live on Tuesday, bringing it a step closer to the transition from proof of work (PoW) to a proof-of-stake (PoS) consensus mechanism for the Ethereum 2.0 upgrade. See related article: Can Ethereum’s proof-of-stake transition save the planet? Fast facts The Ethereum Foundation is currently working on a […]

    Monika Ghosh

  • Advanced Blockchain Technologies

    Can Ethereum’s proof-of-stake transition save the planet?

    Ethereum’s transition to proof-of-stake promises to dramatically lower energy consumption, curbing greenhouse gas emissions that would require an annual offset by a forest roughly the size of Belgium.

    Monika Ghosh

  • Advanced Blockchain Technologies

    Ethereum moves closer to proof-of-stake after Kiln 

    Ethereum’s merge on the Kiln testnet on Wednesday was a success, as the blockchain passed the final public test before its highly anticipated transition from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), which is expected to happen by the end of Q2, 2022. See related article: The best of Ethereum 2.0 is yet to […]

    Monika Ghosh