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Questions tagged [serenity]

the milestone of ethereum where it switches the consensus protocol to proof-of-stake

13
votes
2answers
2k views

Why isn't there more concern of Ethereum reaching 1TB? Should we be worried?

I've read previous answers such as that posted by user: eth that highlights some of the EIPs such as 103: Serenity and 105: Sharding. These are more long term solutions but this is an emergent problem ...
2
votes
3answers
184 views

Will be a ring signature scheme possible to implement at Ethereum?

It's been quite a few days I'm wondering if a Ring Signature Scheme (like Monero (XMR) has) can be implemented on Ethereum blockchains. As far as I know, that will be so nice in order to increase ...
2
votes
0answers
431 views

Validators in POS

note: Simple, layman, language would be highly appreciated! Hello, So, what would a 'validator' (after switching from PoW to Pos on Ethereum) actually, do? Specifically? Would he be required to ...
1
vote
1answer
350 views

What is Ethereum's inflationary model going to be after switching to Casper?

Some time ago I read Vitalik Buterin's blog post about possible attitude to inflation and transaction fees. From it it followed that nothing was decided yet and there are various possibilities. Has a ...
3
votes
0answers
53 views

Will Serenity provide a practical built-in solution for contracts to get random numbers?

As discussed in How can I securely generate a random number in my smart contract?, it's currently quite hard to get a random number reasonably fast to use in a contract. In situations where you can ...
4
votes
1answer
137 views

Casper betting details

What incentive is there for validators to bet on a block early, rather than just waiting for the rest of the validators to reach consensus first? AFAICT, the reward/penalty is independent of when the ...
8
votes
2answers
3k views

Is block.timestamp safe for longer time periods?

I would like to set a timer like uint timeout = now + 1 year; Is it possible that a miner cheats the timestamp of the block that it's included more then let's say a month. So if I need roughly 1 ...
21
votes
2answers
16k views

When will the difficulty bomb make mining impossible?

I know the answer must be out there in the code already, but I couldn't figure out where exactly. Could someone do the maths for me: With block 200k the difficulty bomb started increasing the ...
8
votes
1answer
6k views

When will Ethereum switch to Proof of Stake? [closed]

What is the latest estimation of when will the switch to PoS happen? Last time the question was asked about 6 months ago, the answer was mid-2016, which is just around the corner. https://...
7
votes
2answers
295 views

Is it possible for Bitcoin to live on the Ethereum Blockchain?

It seems to me that once Casper is fully implemented, the best of both worlds would be for the valuable and scarce BTC token to live on the expedient, efficient Ethereum blockchain. But would this be ...
4
votes
2answers
315 views

How will sharding differ from federated sidechains?

I suppose sharding will be implemented in the future, and there will be many mini-islands that hold only parts of the blockchain. Does it mean that local nodes will mostly support local TX? If I live ...
12
votes
3answers
1k views

With a ring signature mixer, will Ethereum transactions be completely anonymous?

I was reading the Serenity PoC2. The part quoted below grabbed my attention. Does it imply full anonymity for Ethereum transactions should I decide to use the ring signature mixer? Ring signature ...
9
votes
2answers
3k views

What is the Long-Range-Attack in Proof-of-Stake?

What is the Long-Range-Attack in Proof-of-Stake? And how will this vector be mitigated with the Casper Proof-of-Stake implementation?
8
votes
3answers
10k views

When will Ethereum switch to Proof of Stake so miners can plan to prepare themselves?

There are talks that the switch to PoS could happen this summer but is it too early, or the date is real so should miners already acknowledge that soon enough they will not be contributing as much?
2
votes
1answer
432 views

Will the processing power of the EVM ever be increased?

From what I understand almost all hash power on the network is used to secure the blockchain, but the processing power of the EVM remains constant even as the hash power of the network increases, and ...
8
votes
1answer
305 views

Implementing Fractional Reserve Bandwidth Concept in EVM on Serenity

I recently came across this piece by Bytemaster of Bitshares: "How to build a Decentralized Application without Fees". It's actually a very interesting piece that details how one might run a ...
7
votes
4answers
564 views

What are the open issues with the Casper proof of stake algorithm?

Ethereum plans to move to the Casper proof of stake algorithm in a future release named Serenity. There's a comment that Casper's "basic mechanisms are fairly firmed up now". What are the details of ...
10
votes
3answers
1k views

What are the major risks of Ethereum moving to Proof of Stake?

There has been discussion about the motivations and benefits of moving to Proof of Stake. For a risk-benefit analysis of moving to Proof of Stake, what are the major risks?
10
votes
1answer
3k views

Where is the updated Ethereum roadmap?

Googling "Ethereum Roadmap" just brings up outdated blog posts. Where can i find the current, updated roadmap?
28
votes
1answer
2k views

How do I make my DAPP “Serenity-Proof?”

When Serenity comes around, the network will undergo many changes, some of which may have unexpected consequences on existing Smart Contracts. How can I plan so that I am best prepared to take ...
120
votes
4answers
41k views

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 ...