Blockchain Secrets

Page 41

BLOCKCHAIN SECRETS

Proof of Stake Challenges The new process won't be without its own share of issues. The first issue will be that the new system isn't guaranteed to work. This is because this type of model hasn't been put into play at a large scale before. This means that there is a chance that the original blockchain could be damaged if the transactions aren't processed as planned, or if a smart contract is miswritten. To combat this scenario, the Ethereum team is working on what is called the finality property. This will ensure that the current state of the blockchain will be secure before the new one can be implemented.

41


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Blockchain Secrets by Franco Bagaglia - Issuu