RATE Group | Chronicles of Ethereum: Part IV: Voyage of the Ether
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Chronicles of Ethereum: Part IV: Voyage of the Ether

24 Jul Chronicles of Ethereum: Part IV: Voyage of the Ether

Posted at 04:06h in Ethereum News by

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The piece can be downloaded as a PDF or read in its entirety below. The rest of the series can be found here.

AUTHORS:

Sam Lee – Director of Research
Chris Robichaud – Research Analyst
Tao Tao He – CEO of HGR Digital Asset Group

For questions, contact Sam Lee (sl@strategigccoin.com)

Key Takeaways

  • Despite its ubiquity, Ethereum faces scaling and other challenges that pose a significant risk to its future adoption and success.
  • Governance disagreements are becoming cumbersome as the number of Ethereum stakeholders grows. Existing community polarization could prompt more hard forks, similar to 2016’s DAO fiasco.
  • The Casper upgrade will switch Ethereum’s core consensus mechanism from a computationally expensive Proof-of-Work system to a more efficient but unproven Proof-of Stake system.
  • Casper further enables incremental scaling solutions such as sharding, The Raiden Network and Plasma, but these all have hurdles to overcome as…

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