ETH PoW Miners’ Block Reward to be Reduced to 0.6 ETH

This innovtion is a part of upcoming  Friendly Finality Gadget Casper (FFG Casper) update
03 April 2018   1484

The developers of Ethereum presented the technical characteristics of the first phase of the upcoming update, Friendly Finality Gadget Casper (FFG Casper), which will allow the network to switch to the hybrid mechanism of the consensus Proof-of-Work (PoW) / Proof-of-Stake (PoS). This is reported by Trustnodes.

In particular, the documentation specifies such an important parameter as the award to the miners for the block using the Proof-of-Work algorithm: after the new rules come into force, it will be reduced by 80% - from 3 ETH to 0.6 ETH.

In this proposed spec for stage 1 Casper, Ethereum will transition from pure proof of work to hybrid PoW/PoS. In this scheme, all of the proof of work mechanics will continue to exist albeit with a reduced block reward (0.6 ETH), but additional proof of stake mechanisms will be added. In particular, the fork choice rule (ie. the way that a client determines which chain is ‘the canonical chain’) will be modified to take these mechanics into account.

Ethereum Team

 It is also noted that the rules of fork's selection (the way by which the client defines the "canonical chain"), will be modified.

The published documentation does not specify a reward for PoS-miners. In theory, one might assume that the remaining 2,4 ETH will be redistributed to their advantage, but given the significantly reduced cost of this method, it can not be ruled out that the reward will be even lower.

Monoplasma Ethereum Scaling Technology Unveiled

Monoplasma developers claim that the technology will help solve the problem of repeat payments from one address to many others
18 February 2019   105

The developers of the blockchain platform Streamr presented a solution for scaling the Ethereum network called Monoplasma. It is reported by CoinDesk.

The creators of the project claim that the technology will help solve the problem of repeat payments from one address to many others. Monoplasma, in their opinion, will be useful to developers of decentralized applications focused on the distribution of dividends, staking and repeated airdrops.

The head of Streamr, Henry Pinkala, also demonstrated fake token airdrop for 200 thousand Ethereum addresses in a test network using Monoplasma.

You can receive money, but you can’t send back the other way. That would be like trying to send a message to your TV. 

Shiv Malik

Head of communications for Streamr

Thus, Monoplasma payment channels are reliably protected from the attack of double waste.

Streamr intends to use a new solution for the mass sale of user data on the blockchain, allowing the buying company to settle accounts with many users at once.