Vitaly Buterin said that the Proof-of-Work (PoW) consensus algorithm was only a temporary stage on the path of Ethereum to Proof-of-Stake (PoS), and the PoW algorithm is also quite centralized – he gave an example of a diagram that shows that only a few pools supported the lion’s share of the network.
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Vitaly Buterin said that the Proof-of-Work (PoW) consensus algorithm was only a temporary stage on the way Ethereum to Proof-of-Stake (PoS), and the PoW algorithm is also quite centralized
№ 0315Published Updated 1 min read
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