The Brave browser is brilliant, but probably not for the reasons you think

Re:The Brave browser is brilliant, but probably not for the ... by latchkey on Saturday March 07, 2020 @06:31AM (#22511098)

ETH2 phase 0 _may_ come at the end of the year. It will be many more years before ETH2 is live and trusted with real funds... enough to either absorb ETH1 or switch over to it. Heck, it may not happen at all. Amazing how this group mindset around ETH2 works.

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Re:The Brave browser is brilliant, but probably not for the ... by cryptica on Saturday March 07, 2020 @06:48AM (#22511139)

Agreed. I think most people don't realize how massive of a technical challenge it is to shard something as large and complex as the Ethereum blokchain without introducing critical security vulnerabilities.

When you combine the complexity of the system, the constant need to try to maintain backwards compatibility and the sheer number of people involved in the project, you have every reason to be skeptical.

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Re:The Brave browser is brilliant, but probably not for the ... by latchkey on Saturday March 07, 2020 @06:56AM (#22511159)

I've also been following the progpow debate rather closely for the last 1.5 years. ProgPoW is supposed to be a simple PoW change to keep ETH1 asic resistant now that asics have been developed.

This is a 2 year old codebase that has had a paid audit and tons of eyes on it. Just this week, someone discovered and announced an issue. While the fix is relatively trivial, the amazing thing is that it went unnoticed for so long.

I can only imagine ETH2, which is a brand new codebase, whole new consensus model, using cutting edge research (zkSNARKS) and shaped like a rube goldberg machine, will be full of issues nobody has even dared to imagine. I couldn't imagine trusting billions of dollars of value to that literally over night.

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