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35 - Designing Ethereum | Vitalik Buterin

Bankless

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Evolution of Ethereum's Consensus Mechanisms

This chapter delves into the strategic development of Ethereum's proof of stake and sharding methods, tracing their origins and the community's initial uncertainties regarding their viability. It examines the philosophical shifts that guided the decisions around Ether issuance and compares the merits of proof of work versus proof of stake, raising crucial questions about equitable distribution and sustainability. Through discussions on community values and technological innovation, the chapter highlights how these elements continue to influence Ethereum's evolution amidst broader blockchain debates.

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