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A Developer's Guide to Ethereum
book

A Developer's Guide to Ethereum

by Bruno Skvorc, Mateja Kendel, David Attard, Mislav Javor, Tonino Jankov, Chris Ward
August 2018
Beginner
172 pages
2h 36m
English
SitePoint
Content preview from A Developer's Guide to Ethereum

Chapter 12: Ethereum's Casper: Ghostbusting Proof of Stake Problems

by Tonino Jankov

Every complex society has many cases where a big number of players need to reach consensus. The main advantage of such a society is that people can agree and act together on different issues, and can solve more and bigger problems than individuals can do alone.

Society is based on consensus. Trade, diplomacy, finances — they all have this prerequisite of consensus. This has created a need for different mechanisms of governance to reach consensus. And with it, often, comes a lot of abuse, manipulations and rogue players.

To prevent different manipulations, we’ve had centralized institutions that gave us efficiency in reaching consensus and making decisions. The ...

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Publisher Resources

ISBN: 9781492069218Errata Page