Difference between revisions of "Ethereum Merge"

Ethereum Merge (view source)

40 bytes removed , 04:49, 27 April 2022

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 == History ==
-[[Ethereum]] initially launched with a proof-of-work (PoW) consensus algorithm in 2015, the [https://ethereum.org/en/upgrades/vision/ vision] has always been for Ethereum to become an energy-efficient proof-of-stake (PoS) network. The Ethereum community developed various PoS consensus mechanism that would have the desired security and efficiency; going through ideas such as "[https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/ Slasher]" and "[https://blog.ethereum.org/2015/12/28/understanding-serenity-part-2-casper/ consensus by bet]" until eventually settling on “[https://arxiv.org/pdf/1710.09437.pdf Casper the Friendly Finality Gadget]” in 2017.<ref>https://ethmerge.com/</ref>
+[[Ethereum]] initially launched with a proof-of-work (PoW) consensus algorithm in 2015, but the [https://ethereum.org/en/upgrades/vision/ vision] has always been for Ethereum to become an energy-efficient proof-of-stake (PoS) network. The Ethereum community explored various PoS consensus mechanisms, including  "[https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/ Slasher]" and "[https://blog.ethereum.org/2015/12/28/understanding-serenity-part-2-casper/ consensus by bet]". In 2017, the community settled on “[https://arxiv.org/pdf/1710.09437.pdf Casper the Friendly Finality Gadget]” as the PoS finality system.<ref>https://ethmerge.com/</ref>
 == The Beacon Chain ==