• Mon. Nov 25th, 2024

Vitalik Buterin Wants to Modify Ethereum s Proof-of-Stake Model

Dec 27, 2023

Ethereum creator Vitalik Buterin published a blog post today proposing to reduce the network’s load associated with its high validator count. The number of validators reaches roughly 895,000.

This high figure supports decentralization–allowing even regular individuals to participate in staking–but strains the network due to the huge number of signatures it has to process.

According to Buterin, the load and technical complexity is currently too high, and needs addressing.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


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[Source: TheDefiant]

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