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7 years ago
Ethereum will eventually move to Proof-of-Stake algorithm. I guess it is a very basic question, but how the mining pools are supposed to work in that case (if at all)?
Mar 7, 2016 at 19:40
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There may well be multisig stake pools which allow multiple parties to stake their Eth but there will not be mining pools in the sense of contributing processing power to a pool.
Mar 8, 2016 at 10:59
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Though mining pools will not be available, they will be replaced with stake pools where a multisig public
stake pool smart contract will be used as in case of Rocket Pool where one needs to claim a stake by depositing some amount of Ether and if that block is validated. Note: Proof of stake does nothing with mining instead it is based on validation.
Dec 8, 2017 at 6:37
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My understanding is that for participating in PoS, you'll have to run a full node. There won't be any pools and we will throw our 280x's away.
Mar 7, 2016 at 22:02
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