Questions tagged [proof-of-stake]

proof-of-stake is a method by which a blockchain network aims to achieve distributed consensus by asking users to prove ownership of a certain amount of an asset.

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240 views

What is the proposed ETH 2.0 staking reward and minimum / maximum stake one can put on a node?

There are 80+ million ethereum. A staking node requires only 32 eth to stake. If even just 25% of the 80 million started to stake, that would create 625,000 staking nodes. If the reward is 1 eth per ...
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Is proof of stake vulnerable?

If there is a large drop in the US dollar value of ETH over a substantial period, one can assume that people will be deterred from staking ETH because they could lose money (USD) on the stake. Is ...
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1answer
25 views

What Would Be The Reward For Smart Contract Miners In Ethereum POS?

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 ...
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During the POW/POS transition, why would a POW miner choose to mine on the chain with the POS consensus algorithm?

As the title says, what incentive does a POW miner have to mine on the hybrid POS chain? They would, effectively, be removing their own economic incentive from the consensus mechanism. I understand ...
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Do ERC20-type tokens make a 51% attack more profitable?

A successful 51% attack (PoW or PoS) would allow the attacker to double spend any token, not just ether, so the greatest possible payoff is equal to the value of all ERC20-type tokens plus all ether. ...
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1answer
28 views

Nothing-At-Stacke: What is EV and why can I not vote on both branches with full stake?

Can somebody tell me what EV means and what the graphs represent? Does p=0.9 means that I look 0.9 of my stake for the one branch and 0.1 for the other? Where does this locking happens? Why can't I ...
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Hidding IP address behind sentry nodes

I would like to know how to set up an Ethereum node behind sentries (proxy nodes). I know there are several ways to approach this issue as mentioned here. https://medium.com/@kidinamoto/tech-choices-...
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1answer
51 views

Does staking on ETH 2.0 require a full node and how much space would that take?

I read that ETH 2.0 staking with 32 ETH requires users running a full node on their server. But doesn't a full node take up 500+ GB of space? What are the proposed system requirements?
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Casper Friendly Finality Gadget - Greater degrees of transaction/settlement finality over existing PoW?

With Casper Friendly Finality Gadget, can one expect greater degrees of transaction/settlement finality over existing PoW?
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1answer
165 views

Implication of hacking into an ethereum node on proof of stake

It is my understanding that in proof of stake, the validator puts up a stake that gets slashed if they don't respond to requests truthfully. In the scenario that someone hacks into your node, wouldn't ...
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1answer
54 views

Where do penalties for being offline go? (for validators)

Where do penalties for being offline go? (for validators) In POS when validator is being offline he loses part of its stake (depends on correlation with other validators being offline aka partial ...
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Does Casper FFG in phase 0 take its checkpoints from the current ETH 1.0 POW chain?

Does Casper FFG in phase 0 take its checkpoints from the current ETH 1.0 POW chain? I'm reading some conflicting material on this. The Casper FFG paper describes taking a checkpoint at every 50 POW ...
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Why does Ethereum plan to move to Proof of Stake?

The initial version of Ethereum (Frontier) uses a Proof of Work based consensus algorithm, but I see that there are plans to implement a Proof of Stake based consensus algorithm called "Casper" in a ...
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1answer
52 views

Network propagation delay and forks in Proof of Stake?

I am learning the fundamental of Proof of Stake (PoS), i came accross a question which i could not find answer to. Assume we have three validators (aka miners in PoW), V1, V2 and V3. Each of the ...
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Casper: will you need to buy the right to be a validator or will it be free?

According to this document: https://docs.google.com/document/d/1Xf_iHGI51Lp6nVHPZo0SdUw60-NA6YJUvk2s-eYaxLE citation 1: maxDeposit - the maximum deposit allowed to become a proof of stake ...
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What is the total supply of Ether?

In Bitcoin, the total supply is capped at 21 million BTC. Is the total supply of Ether capped? How much will be mined before the Proof of Stake (POS) transition, and how will POS affect the issuance ...
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2answers
54 views

What should I prepare for the coming ETH 2.0 upgrade as a Dapps developer?

As announced, Ethereum is expected to be its upgraded version Eth2.0 probably from 2020. There will be several upgrades like PoW to PoS/Casper FFG eWasm integration sharding (Casper CBC) These ...
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1answer
28 views

After POS is implemented, what stops mining pools from being formed?

There won't be "mining pools" but stake pools but what if someone creates a system where participants stake everthing in one place in order to make the mkst money? Is this allowed and is this a ...
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2answers
333 views

Will not a PoS implementation converge in a much less wealth equally distributed system?

With the current trends of prices in crypto and the long term vision supported by the community (HODL!), the implementation of Proof of Stake could eventually derive in big ETH stakeholders getting ...
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0answers
15 views

Is Casper FFG still going to be implemented?

What is the status of Casper FFG within the ETH 2.0 roadmap. Is the plan still that it will be implemented with Phase 0 or Phase 1? Or is the plan to adopt Casper CBC instead, and forgo implementing ...
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Relationship between fault tolerance and network latency

I'm currently studying Ethereum's PoS and a sentence on the relationship between fault tolerance and network delays caught my attention in the Proof of Stake FAQ. Quoting Vitalik: In this model, ...
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Getting Started with Hosting a Beacon Node & Validator Client using Geth in a Cloud Provider

I am considering hosting a private Beacon Node & Validator Client with the 32 ETH requirement. I am able to build geth locally and feel I know enough to want to venture and offer my own node on ...
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1answer
130 views

What is the algorithm to select random validators in PoS?

As I know, Ethereum Casper PoS implementation randomly selects 250 validators from the validator poll for an epoch. What is the random algorithm for this selection?
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How to make atomic swap between Ethereum and POS chain?

There's simple way to make atomic swap for smart-contact chain and any POW chain. For example for Ether <> BTC: Alice sends some Ether to the swap smart-contact which locks this money. While ...
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How is the block interval constrained in Ethereum 2.0

Sorry if i get any of the terminology wrong here, i'm no expert when it comes to PoS protocols. How does Ethereum 2.0 control for blocktime, typically we have the idea of a function that can be ...
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1answer
27 views

How are transactions ordered in POS?

With POW, the miners who finds the block chooses the order of transactions in that block. How will this work with POS?
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218 views

How does the network validate a block in PoS

In general PoS, the forgers stake their coins and then a validator chosen in a pseudorandom fashion gets the chance to validate a block. But how do the whole network validate it? In PoW, for example, ...
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76 views

Ethereum/Quorum Pluggable Consensus with Algorand Byzantine Agreement Protocol?

Can Quorum and Ethereum be possibly configured/modified to use Algorand Byzantine Agreement Protocol?
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1answer
149 views

Who can participate in Casper?

From what I understand, non-validators will feel benefits from the change to casper. However, is it only validators that can actually participate in Casper? Is it correct that if you have etehreum in ...
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1answer
145 views

Delegated POS (DPOS) vs Proof of Stake (POS): Specified Differences

Delegated POS (DPOS) vs Proof of Stake (POS) -- May I know what are the specified Differences?
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What is the point of switching to ProgPOW for ethereum, when POS is coming in the coming year(s)?

With the recent discussion of the new ProgPOW mining switch. What is the point of it when POS is coming in the coming year(s)? I understand it disables the ASIC miners, while benefiting the GPU miners....
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Deliberate Slashing: Don't slashing and leaking incentivize DDOS attacks on smaller nodes? Won't this centralize POS more than POW, even?

In Ethereum's proposed proof-of-stake algorithm (POS): A traditional node operator can't host a node themselves (e.g. on a home network), someone could just DDOS their node to bring them offline. ...
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1answer
170 views

Will Eth 2.0 be implemented in geth (go-ethereum) or will it run on a new client?

Geth is the official implementation of Ethereum based on the coding language Go. Currently, there are 8 teams that are building Eth 2.0 https://www.coindesk.com/next-gen-buidlers-the-8-teams-working-...
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1answer
60 views

In proof of stake, is there a difference between being offline and deciding to leave entirely?

I'm struggling to understand the proof of stake concept. As I understand it, in order to participate in validation and its rewards, you must ante up some ether (I was told a minimum of 32). You are ...
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1answer
181 views

Staking Ethereum

Brand new investor to crypto but have been reading as much as I can on the space over the past couple months. I am looking for someone who could help me me a with a step by step guide on how to stake ...
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How does lower network bandwidth and lower latency create a bottleneck for POS Blockchain network?

My understanding is that any proof of stake blockchain would largely remove the processing power and energy consumption bottleneck from the whole system, but even after that the blockchain nodes ...
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2answers
53 views

What is meant by locking of ether in proof of stake?

In PoS, forgers stake their ether on a block. These ether are locked and can't be used. What does it mean by locking of ether and how does it work?
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1answer
262 views

Cloning geth and adding a POS consensus algorithm? [closed]

I am currently learning how to use geth, so far I was able to create a private POW and POA blockchain using one of its consensus types (Clique). I am wondering how feasible it would be to clone the ...
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Impact of POS and Shrading on tx costs?

How transaction fees will be affected after implementation of Casper protocol?
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1answer
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Are Delegated PoS or “normal” PoS blockchains as secure as PoW blockchains? [closed]

I have heared in some videos regarding new blockchains and Delegated PoS that DPoS does not have same cryptographic security than PoW, apparently because: In PoW, if you are an attacker, as soon as ...
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1answer
28 views

Is there an official and public pool of miners/“stakers” participating in the Ethereum blockchain?

With the last discussion about PoW vs PoS, Ethereum planning migrating to pure PoS (Casper), new actors in the scene (EOS)...I have digged into this PoS, pros and cons against PoW. One of the things ...
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4answers
3k views

What are the scalability benefits of PoS vs PoW?

This accepted answer claims that one advantage of PoS vs PoW is that some scalability problems can be addressed more easily with PoS What are those scalability problems? What are the scalability ...
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2answers
881 views

Is it possible to change Proof-of-Work into Proof-of-Stake consensus algorithm of an on-going Ethereum private chain?

I have a on-going small private chain could be seen here. I have only few nodes, hence difficulty is pretty low and average block time is high (around a minute). So it can easily attacked with someone ...
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481 views

can we implement proof of stake contracts or proof of stake based token in solidity on ethereum network?

I have written a contract in solidity that operates on the basis of proof of stake. I want to know is it possible to create a pos based token or contracts and deploy them on ether network. And are ...
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1answer
237 views

how to setup hybrid PoW+PoS or PoA private network (geth)

I am aware about PoW and PoA setups of ethereum private networks but would like to know if anyone could help or point me the direction how to build a hybrid PoW + PoS or PoW + PoA ethereum based ...
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1answer
309 views

What happens to lost coins in PoS?

Let's say a miner created an invalid block and the network catches the miner red handed. Then the miner loses all the coins staked on that block. What I do not understand is where do these coins go?
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Is there a temporal reward in Casper, that the earlier you place bets, the more you are rewarded?

In Casper, the consensus-by-bet proof-of-stake system, is there a temporal reward, that the earlier you place bets, the more you are rewarded?
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1answer
106 views

As of 2018 Sept 21st. When is the scheduled Casper Proof of Stake expected to arrive?

Where can one find updates on Casper POS? I hear its been constantly delayed. When is it expected to arrive? And is there an alpha/beta state where one can test it out now?
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How does Casper record votes efficiently?

I keep reading about Casper doling out rewards and punishments for voters based on how they're voting. If I am understanding this correctly, it seems that Casper punishes nodes that submit votes to ...