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Etherum will be PoS in like 2 years.

Just in time for fusion power.

Fwiw the PoS network is already running, with $6 billion staked and 100,000 validators. Migrating the rest of the network is relatively simple, they're just being really careful with it.

Curious how that works? Parallel blockchain? But how do you “migrate”? Incremental migration?

Yep it's another blockchain running in parallel, called the "beacon chain." Anyone can deposit ETH in a particular contract on the main chain, and the beacon chain will read that and credit them ETH on the beacon chain.

The quickest migration is basically to upgrade both clients to talk to each other, and for the old client, instead of choosing blocks with the highest hashpower, choose blocks whose hashes are chosen by the beacon chain. Details here: https://notes.ethereum.org/@vbuterin/B1mUf6DXO

The next step is a more integrated system, described here: https://ethresear.ch/t/executable-beacon-chain/8271

Thanks for the description and links. It’s a neat approach

Seems like I heard this 2 years ago.

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