Ethereum Goerli testnet merge goes live before move to proof-of-stake

Re:Ethereum Goerli testnet merge goes live before move to pr... by bilsbie on Thursday August 11, 2022 @03:14PM (#32430383)

So proof of stake isn’t a holy grail? It’s completely achievable technology?

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Re:Ethereum Goerli testnet merge goes live before move to pr... by wmf on Thursday August 11, 2022 @03:24PM (#32430520)

Yes, PoS has been running safely for 1-2 years. (Ethereum isn't the first working PoS chain but it will be the largest one by far.)

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Re:Ethereum Goerli testnet merge goes live before move to pr... by 0x64 on Thursday August 11, 2022 @05:34PM (#32431998)

There's a massive difference in the decentralization of Ethereum's PoS implementation vs. Cardano, which uses delegated PoS.

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Re:Ethereum Goerli testnet merge goes live before move to pr... by wmf on Thursday August 11, 2022 @05:49PM (#32432148)

If only there were other PoS chains.

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Re:Ethereum Goerli testnet merge goes live before move to pr... by ypeterholmes on Thursday August 11, 2022 @08:24PM (#32433476)

How so?

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Re:Ethereum Goerli testnet merge goes live before move to pr... by DennisP on Thursday August 11, 2022 @09:14PM (#32433765)

Ethereum uses signature aggregation to allow for a very large number of full-fledged staking nodes. Most PoS chains have a small number of full-fledged nodes, and everybody else delegates their stake to one of those.

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Re:Ethereum Goerli testnet merge goes live before move to pr... by baby on Friday August 12, 2022 @06:33AM (#32436580)

Yes, it’s been running for years on many other chains and most new chains have adopted PoS (I can’t remember the last time I heard about PoW in state of the art blockchains).

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