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2019-05-03 11:51:59

Ethereum's Proof of Stake Code Nearing Completion, to Be Finalized Next Month

The developers of Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), have revealed that they’re preparing to finalize the blockchain network’s proof-of-stake (PoS)-based consensus protocol. During the last bi-weekly meeting between Ethereum’s Core developers, Justin Drake, a researcher at the Ethereum Foundation, said that the code specifications for the initial phase of Ethereum’s transition from proof-of-work (PoW)-based consensus to PoS was “on track” to be completed by June 30th, 2019.

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