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On The Blockchain

Dedicated to Bitcoin, Altcoins, and other areas that do or should use blockchain technology

Vitalik Buterin Floats “Hybrid Proof of Stake” Idea for Bitcoin

February 12, 2018 By Derek Andonian Last Edited: June 21, 2018

Earlier today, during a Twitter conversation about miner centralization in Bitcoin, Vitalik Buterin- who created Ethereum– floated the idea of building a “hybrid proof of stake system” to replace the strictly proof of work system currently in use.  Vitalik said he realized that a change to a full proof of stake system was an unrealistic […]

Filed Under: News Tagged With: Bitcoin, Ethereum

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