0

I have seen this: What’s the block reward for smart contract miners? Which addresses it for the POW period of Ethereum, but what about POS? They just earn a sort of "interest" for their stake as staking rewards, so why can't they just ignore all of the smart contracts?

I also saw this: How do miners profit post-PoS, if at all, how will new miners get their start, and who will execute the EVM byte code (and why)? but it doesn't say why the miners don't ignore it.

  • i don’t understand your question much. Do you mean by smart contract miner, you mean they mine the transaction that make the contract? – haxerl Oct 20 at 4:45
0

The role of miners goes away in PoS and is taken over by validators, people who stake funds and then find the next block through mining. The difference is, the validator (who is chosen at random for fairness and to limit collusion) is not competing with anyone else to find the next block. Thus, only one person / machine is burning electricity for each block period (currently every 15 seconds), instead of the whole world burning electricity.

However, the chosen validator must still run contract methods / tx's, that are part of the new block, and all other nodes must also run the same tx's to verify that it's a valid node and the resulting Ethereum state is valid.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

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