Re: Really need to undersand proof of state.

I am the developer myself.

If you just started to learn about consensus algorithms and decentralized projects itself, chances are high your project will contain massive bugs and will be worthless.
If you are really serious about developing a proper project, get a team of a few developer to build proper software.

Quote from: gio_jordan on June 18, 2018, 12:26:20 PM

I mean proof of stake yes. I just wanted deepl explanation and how everything is related.

You can take a look at the github repository of ethereum. Proof of stake is pretty detailed explained in the FAQ: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQs

Ethereum version of Proof of Stake will be like Frankenstein's PoS monster,
not really worth your time , unless you wanted bloated confused code running a Bastardization of proof of stake.

Study Peercoin design as it is a hybrid of both PoW & PoS created by Sunny King.
Then Study Rat4's Blackcoin Proof of Stake only project.
Rat4's code is pretty rock solid.

I am really confused about how the shift will occur from PoW to PoS for Etherium.
How will it effect Miners and how will it effect people who have ether?
I am also concerned about the integrity of the entire thing.