What Vitalik Buterin’s tweetstorm means for the future Ethereum blockchain

It took 75 tweets, but Ethereum blockchain founder Vitalik Buterin has clarified the roadmap for implementing a new consensus mechanism that promises to greatly increase the speed with which new entries can be added to the distributed electronic ledger technology.

Buterin devoted most of the tweets to explaining the history of Ethereum developer efforts to create a Proof of Stake (PoS) consensus mechanism that would streamline the process while also combating nefarious attacks to control blockchain content.

He also clarified that a PoS system will be implemented independently from another effort to roll out sharding on Ethereum. (Sharding is a way of distributing the computational work needed to validate new documents, known as blocks, on the distributed ledger technology). The PoS and sharding development efforts had been part of one project, but they will now be rolled out separately.

Proof of Work and Proof of Stake

The two most popular mechanisms or algorithms for authenticating new entries on a blockchain and governing changes to the networks are Proof of Work (PoW) and Proof of Stake.

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