Ethereum Drives On The CasperLabs Highway

The CBC Casper protocol, pioneered by Ethereum Researcher Vlad Zamfir, is now hitting the highway with new solutions to the longstanding problems of safety and liveness. Together these will improve Ethereum’s network performance and security as it makes the transition to a Proof-of-Stake network.

The protocol was among the early innovations in the on-going quest to solve the “nothing at stake” dilemma, often considered as the fatal flaw of Proof-of-Stake (PoS) consensus solutions. The idea that anyone staking on the network could act maliciously because they have nothing to lose — no equipment or electricity expenditures — has haunted PoS solutions since their inception.

By punishing malicious network actors, Casper incentivizes accurate verification with greater profitability for honest actors in a PoS network. Now, with the release of CasperLabs Highway to the public via an open-source license, the specification will offer further refinements to ensuring a safe and live network. Read More...