New answers tagged proof-of-stake
2
votes
Why do proof of stake protocols use quorums of 2/3 instead of 51%?
In Byzantine Fault Tolerance, we have two things:
We have n parties out of which <= f can be faulty (Byzantine). We need that n > 3f <=> n >= 3f + 1.
For where this comes from, see ...
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1
vote
Accepted
Why ETH gas fee is still expensive >$5 - $10 after sharding + POS?
Switching to Proof of Stake reduced the costs for creating the blocks in the blockchain (by around 99.95%), but itself was not designed for reducing the costs of transacting/writing to the blockchain. ...
eth♦
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3
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Why ETH gas fee is still expensive >$5 - $10 after sharding + POS?
Currently sharding is not implemented in Ethereum and there isn't a complete plan to implement sharding yet.
None of the current production nodes have any sharding support
There is no clear ...
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