4

Currently miners act as 'servers' for the Ethereum network, by doing all the needed work for Dapps to run, calculating, saving data etc..

Am I correct?

My question is this: who will run all of this after move to Proof of Stake?

1
  • Consider making the answer as accepted, you can do it by checking the tick sign under votes.
    – niksmac
    Mar 25, 2016 at 1:12

1 Answer 1

3

Review of Casper, Ethereum’s proposed Proof of Stake Algorithm

Anyone can participate in block production by posting a bond. After posting a bond you have an opportunity to bet on which block will be included next. The incentives are such that you make money by betting with the eventual consensus and lose money by betting against the consensus. Any crypto-graphically provable misbehavior results in the forfeit of the bond.

This will enable all miners to continue; but in a competitive way.

Read Why does Ethereum plan to move to Proof of Stake?

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.