Originally published at:
Casper – the Future of Ethereum – Digitex Futures News & Blog
Let’s take a look at Ethereum’s future proof-of-stake algorithm - Casper
Now I understand how Casper works.
“Nodes, called ‘bonded validators’ must place a security deposit to validate the blockchain and produce blocks. These validators will lose their deposit, as well as the right to produce blocks if they create invalid blocks. This is how the Casper protocol will prevent attacks on the Ethereum network.”