The Casper FFG Ethereum Improvement Proposal (EIP) has been published. (Hybrid Proof of Stake (PoS)/ Proof of Work (PoW)

in #ethereum • 7 years ago (edited)

Casper FFG:

The Casper FFG Ethereum Improvement Proposal (EIP) has been published, outlining specifications for implementing the hybrid Proof of Stake (PoS)/ Proof of Work (PoW) consensus model on the Ethereum blockchain before the full transition to PoS.

The important details:

  1. Under the hybrid system, the block reward will fall to 0.6 ETH. The current block reward is over 3 ETH.
  2. Stakers will have their funds locked up for about 4 months before they can withdraw.
  3. Interest rate for stakers will be about 5% with 10m ETH staked.
  4. Minimum deposit size for stakers will be 1500 ETH, worth about $975,000 at today’s prices.

It remains unclear as to when exactly the hybrid model will be introduced.

Source:

https://github.com/ethereum/EIPs/pull/1011

Thanks for Reading!

#cryptocurrency #blockchain #bitcoin #money
7 years ago in #ethereum by
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     7 years ago 

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     7 years ago 

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       7 years ago 

      wow i am very interesting with (EIP) success for you

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