Re:Blockchains are the new Linux, not the new Internet
by iamphilrae on Sunday May 28, 2017 @04:43PM
(#14436003)
Actually, if you read one of their blog posts from the last few weeks, they've pretty much abandoned it because it's too hard a problem to solve. Sorry I can't cite, on a mobile and in a rush.
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Re:Blockchains are the new Linux, not the new Internet
by terhechte on Sunday May 28, 2017 @05:16PM
(#14436119)
This is wrong. Ethereum's proof of stake algorithm is named Casper, and is already open source, you can see the repository here:
https://github.com/ethereum/casper
There's even a Github project where you can see that the current state is work on the "Fork choice/chain logic". This was started 6 days ago:
https://github.com/ethereum/casper/projects/1
The next release (Metropolis) will afaik contain a first implementation of proof of stake which will run in parallel with their proof of work algorithm (last I heard was that every 1000th transaction will be run via proof of stake, but I may be wrong here).
Re:Blockchains are the new Linux, not the new Internet
by cslarson on Sunday May 28, 2017 @06:07PM
(#14436304)
I don't think the metropolis release will include any POS based consensus.
Re:Blockchains are the new Linux, not the new Internet
by djrtwo on Sunday May 28, 2017 @04:53PM
(#14436043)
I spend a lot of time in the ethereum proof of stake gitter and I can confirm that this is false. It's actively being researched and still in the roadmap. A hybrid PoS/PoW model will likely come out first.
Re:Blockchains are the new Linux, not the new Internet
by joosters on Sunday May 28, 2017 @09:03PM
(#14436843)
https://download.wpsoftware.net/bitcoin/pos.pdf is one source.