Why did EVA choose POS?
EVA has been running stable and successfully generating 4,030,835 blocks since the launch of the mainnet. Reached 10,000+ nodes developed on EVA stability run based on EVA’s unique GPoW. Until now, EVA mainnet ran with almost 0 accident rate.
EVA uses the two-layer consensus algorithm (GPoW) to mine the token, and integrate the final consistency determination, providing near real-time and secure finality, maximizing security and operability in the existing network environment.
We heard from our communities that our community members want to join mainnet nodes in a more accessible, more clean, and lower-cost way. EVA team decided to expand the POS (Proof-of-Stake) validators range in the two-layer consensus algorithm (GPoW), and switch the EVA underlayer consensus algorithm to a privacy public-blockchain with POS attributes. In addition, the original POW nodes will be switched into EVA Layer0 routing nodes to transmit communication data and join in establishing the computing platform. The details will be posted in the future.
The EVA underlayer consensus algorithm tending to POS will provide stronger scalability, higher transaction performance, and a more economical stake method.
Next, the EVA team will discuss how our communities join the EVA POS.