![]() ![]() ![]() ![]() If you enjoyed this blog, subscribe here for privacy news, commentary, and product updates from Orchid. And don't forget to subscribe to Priv8 on your favorite streaming service. This proves, for example, that people can run applications on private networks with their own custom consensus algorithms."Ĭheck out the entire conversation with Tim. You can run them with other consensus algorithms - and not just PoS: we have different test nets that run various consensus algorithms, including Proof of Authority and others." "One interesting insight that has come from that research is that the applications that run on the Ethereum network don't need PoW to operate. Since then, there has been a lot of research done to ensure that the transition to PoS will go smoothly." ![]() And so far, we've kept the legacy PoW algorithm running on the main application chain because it has worked since the network began."īut in spring of last year, we became fairly confident that we were ready to use the PoS algorithm we've developed as the main driver for consensus on the network. That's why the Beacon Chain was launched in parallel to the mainnet. Software engineers preparing for the algorithm code interviews Developers looking to upgrade their knowledge of computer science Engineers who want to grow into tech lead position Those who want to develop their analytical thinking to solve complex tasks at work. We wanted to be sure that if there was an issue with the new algorithm, it wouldn't affect the applications that run on the network. "The reason for this is when PoS launched, Ethereum was already a massive network with tons of usage. ![]()
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