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Ethereum devs discussing possible casper test net! by bigdeej

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· @bigdeej ·
$9.21
Ethereum devs discussing possible casper test net!
Vitalik Buterin announced in their recent meeting on Ethereum that Casper is far enough along that a new test net for casper development should be rolling out soon! Vitalik hinted that the code is mature enough to begin rolling out real world test to prepare for the next big upgrade to Ethereum! Remember this is NOT ready for the real main net yet but rather a sign that development is progressing.

# What is Casper?
Casper is the name given to the next expected protocol upgrade in Ethereum that will transition the network from Proof of Work as it currently is, to Proof of Stake. The goal of Casper is to allow the Ethereum network to scale while reducing the costs to operate the network.

The developers in the meeting  indicated that they have fully implemented in Python a release they hope to begin testing soon!

# Take aways
My opinion is this is great news, but still indicates Casper is many months, possibly years away from even discussions of a hard fork to include Casper in the main net. I would say this is over all good news but not news that will drive the price of Ether higher today. We will have to wait and see!

# Read more
Official GitHub PoS FAQ: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ
https://www.coindesk.com/ethereum-soon-launch-first-casper-testnet/
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vote details (648)
@arcange ·
Congratulations @bigdeej!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20171117) in the following category:

* Upvotes - Ranked 8 with 556 upvotes
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@dj123 ·
Hi @bigdeej, 

I just saw that you followered me,  just thought I come by check your post and show some support. So here I am! haha.
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@dj123 ·
Up-Voted for showing blockchain future in scaling....helping ETH become more efficient like Steem perhap?

Anyways, thought I would bless you with a pretty cool (and rare) link. 

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@mycryptoverse ·
Thank you for the info! I had been following this change of PoW to PoS. I wonder what the mining implications will be across the crypto space.
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@screenname ·
Re: Ethereum devs discussing possible casper test net!
<p>This post has been ranked within the top 10 most undervalued posts in the first half of Nov 18. We estimate that this post is undervalued by $77.75 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-nov-18---part-i">The Daily Tribune: Nov 18 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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@steemitboard ·
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@steemitboard ·
Congratulations @bigdeej! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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