Vitalik's New Article: Possible Futures of Ethereum, The Verge
❤️Follow🫂+LiKe
✅My brother, follow our offers from 💸$100 to 💵$200 and above to get the best investment, brother.💸💸💸
. ❤️Follow❤️ + 👍Like 👍 so we can distribute gifts to the public. Thank you
Original title: (Possible futures of the Ethereum protocol, part 4: The Verge)
Original author: Vitalik Buterin
Original compilation: Mensh, ChainCatcher
Special thanks to Justin Drake, Hsia-wei Wanp, Guillaume Ballet, Icinacio, Rosh Rudolf, Lev Soukhanoy Ryan Sean Adams, and Uma Roy for their feedback and reviews.
One of the most powerful features of blockchain is that anyone can run a node on their computer and verify the correctness of the blockchain. Even if 9596 nodes running chain consensus (PoW, PoS) immediately agree to change the rules and start producing blocks according to the new rules, anyone running a fully validated node will refuse to accept the chain. Miners not belonging to such a conspiracy group will automatically converge on a chain that continues to follow the old rules and keep building on that chain, while fully validated users will follow that chain.
This is the key difference between blockchain and centralized systems. However, for this feature to hold, running a fully validated node must be genuinely feasible for a sufficient number of people. This applies both to miners (because if miners do not validate the chain, they do not contribute to executing protocol rules) and to regular users. Today, it is possible to run nodes
#ScrollOnBinance #XRPDonationsUSElections #APTSurpassesSUI #BTCMiningDifficultyRecord #SECChairHailsBTCWhitepaper16th $SOL
