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Learn Ethereum

You're reading from   Learn Ethereum Build your own decentralized applications with Ethereum and smart contracts

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Product type Paperback
Published in Sep 2019
Publisher Packt
ISBN-13 9781789954111
Length 540 pages
Edition 1st Edition
Languages
Concepts
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Authors (3):
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Xun (Brian) Wu Xun (Brian) Wu
Author Profile Icon Xun (Brian) Wu
Xun (Brian) Wu
Dongying Song Dongying Song
Author Profile Icon Dongying Song
Dongying Song
Zhihong Zou Zhihong Zou
Author Profile Icon Zhihong Zou
Zhihong Zou
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Toc

Table of Contents (19) Chapters Close

Preface 1. Section 1: Blockchain and Ethereum Basics FREE CHAPTER
2. Blockchain and Cryptocurrency 3. Ethereum Architecture and Ecosystem 4. Deep Research on Ethereum 5. Section 2: Blockchain Development Cycle
6. Solidity Fundamentals 7. Developing Your Own Cryptocurrency 8. Section 3: Ethereum Implementations
9. Smart Contract Development and Test Fundamentals 10. Writing UI for the DApps 11. Ethereum Tools and Frameworks 12. Section 4: Production and Deployment
13. Creating an Ethereum Private Chain 14. Deployment of Your Smart Contract 15. Building Ethereum Wallets 16. Section 5: Conclusion
17. Conclusion 18. Other Books You May Enjoy

Understanding mining in Ethereum

In this section, we will explain how mining works in Ethereum, and briefly discuss Ethereum's plan for the PoS consensus mechanism.

The mining process in Ethereum is largely the same as the one we discussed in Bitcoin. For each block of transactions to be added to the Ethereum blockchain and the world state to be updated, consensus must be reached among all network nodes that the new blocks proposed by the miners, including the nonce found with the PoW, must be verified by all nodes.

However, there are quite a few notable differences between Ethereum mining and Bitcoin mining. Most of them are driven by the protocol and architecture difference in the blockchain. As we discussed earlier, Ethereum maintains both the transaction list and the world state on the blockchain. We will discuss those differences in detail here.

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