Vitalik Buterin Announces Proof of Stake Book
- August 31, 2022
- 0
Ethereum founder Vitalik Buterin will publish a book called “Proof of Stake”, which will be a collection of his notes from the past 10 years. The book “Proof
Ethereum founder Vitalik Buterin will publish a book called “Proof of Stake”, which will be a collection of his notes from the past 10 years.
The book “Proof of Stake”, which brings together various writings (physical and digital) that I have done in the last ~10 years, will be out in a month!
You can get a signed digital copy and NFT here: https://t.co/RCZPHs9rpe
My share of income goes to all @gitcoin public goods!
— vitalik.eth (@VitalikButerin) 31 August 2022
The release date of the book is set for September 27. The paper version can be pre-ordered on various platforms for prices ranging from $16.99 to $18.95.
The digital version of the book comes with Buterin’s autograph and NFT for donations. According to the founder of Ethereum, he will send 90% of the proceeds from the sale to the Gitcoin fund for grant payments, and 10% to the publisher of Seven Stories Press.
On August 11, Ethereum developers successfully migrated the Goerli testnet to the Proof of Stake (PoS) consensus algorithm. Prior to this, a similar incident occurred on the Ropsten and Sepolia testnets.
Oven and Rinkeby testnets will not be transferred to PoS. After the mainnet transition, they will be shut down like Ropsten.
According to the team’s plans, Bellatrix’s “consensus layer” (Beacon Chain) update will occur around September 6. The merge activation is scheduled for September 15-16.
Recall that Buterin acknowledged that after switching to the PoS algorithm, the network would eventually reach 100,000 capacity. TPS.
In August, JPMorgan said that with the activation of The Merge, miners will have to look for alternative sources of income. According to analysts, Ethereum Classic (ETC) will be the main beneficiary of miner flow after Ethereum’s transition to PoS.
ForkLog has analyzed Ethereum Classic’s prospects of getting the free hash rate of the original ether and how this could affect the price of the ETC.
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Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
