Ethereum Casper IMPOSSIBLE? VDF Explained

9,345 Views · Posted 6 years ago

Ethereum Casper PoS algorithm is not possible without proper randomness. The reason is because we need a way to unpredictably elect block validators in order for the system to work. Today we will talk about why randomness is so difficult on a public blockchain and how the Ethereum Foundation is planning to solve this issue. This both a software and a hardware issue.

https://medium.com/prysmatic-labs/ethereum-2-0-casper-sharding-development-update-14-prysmatic-labs-349a97a8c627
https://ethresear.ch/t/verifiable-delay-functions-and-attacks/2365
https://www.youtube.com/watch?v=qUoagL7OZ1k
https://slideslive.com/38911623/ethereum-20-randomness

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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

Video Tags

#ethereumcasper, #ethereumpos, #ethereumvdf, #ethereumrandomness, #ethereumposvdf, #ethereumprice, #bitcoin, #ethereum, #litecoin, #ripple, #iota, #bitcoinprice, #altcoinprice, #investing, #analytics, #differentaltcoins

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