photo 2021 10 12 13 30 17 Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus Bitcoin News

Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus Bitcoin News

– Cloudflare will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies.
– Cloudflare stated that blockchain technologies could be part of the story of the internet in the long run and that these experiences might help in the decentralization of such networks.
– Cloudflare made clear that it supports proof-of-stake networks due to the low energy usage compared to proof-of-work-based counterparts.
– Cloudflare will start experimenting with Ethereum first, but it also mentioned another consensus mechanism, “proof of spacetime,” in its press release.

 

 

photo 2021 10 12 13 30 17 Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus Bitcoin News
Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus Bitcoin News 3

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