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Ethereum goes POS

Started by DMo09, November 16, 2016, 04:34:15 PM

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DMo09

Thanks for your input Xeroc

xeroc

Quote from: DMo09 on November 16, 2016, 04:34:15 PM
If Ethereum implements POS by next summer 2017, does that mean that they are effectively ~2 years behind Graphene?  I know it's probably more complicated than that, but I'm just trying to get the 20,000 foot view. 

And will this make Eth technologically competitive with Graphene?

http://www.ethnews.com/proof-of-work-vs-proof-of-stake-explained
Its actually worse. They are coming up with a new POS technology that is complicated, complex and unproven.
i dont even see how they will be able to reduce confirmation times sub 5 sec, but i am curious to see how they are doing once implemented

DMo09

If Ethereum implements POS by next summer 2017, does that mean that they are effectively ~2 years behind Graphene?  I know it's probably more complicated than that, but I'm just trying to get the 20,000 foot view. 

And will this make Eth technologically competitive with Graphene?

http://www.ethnews.com/proof-of-work-vs-proof-of-stake-explained