4min chapter

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#188 – Vitalik Buterin: Ethereum 2.0

Lex Fridman Podcast

CHAPTER

Ethereum 1.0 Proof of Work - Proof of Stake Merge

Einstein: There's the main net, which is the Ethereum 1.0 chain or the chain, what should we say? The chain that uses proof of work as a consensus mechanism. And then there is what is it called? The beacon chain that uses the proof of stake mechanism. Einstein: When do the two chains, one that's proof of work, one that’s proof of stake merge? And what are the most difficult parts of this process? Right, so as you've said, the way that we have set up this proof of stake transition is that at first the proof of Stake change just launches on its own.

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