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Learn Ethereum

You're reading from   Learn Ethereum A practical guide to help developers set up and run decentralized applications with Ethereum 2.0

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Product type Paperback
Published in Aug 2023
Publisher Packt
ISBN-13 9781804616512
Length 814 pages
Edition 2nd Edition
Languages
Concepts
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Authors (3):
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Dongying Song Dongying Song
Author Profile Icon Dongying Song
Dongying Song
Zhihong Zou Zhihong Zou
Author Profile Icon Zhihong Zou
Zhihong Zou
Xun (Brian) Wu Xun (Brian) Wu
Author Profile Icon Xun (Brian) Wu
Xun (Brian) Wu
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Toc

Table of Contents (24) Chapters Close

Preface 1. Part 1: Blockchain and Ethereum Basics
2. Chapter 1: Blockchain and Cryptocurrency FREE CHAPTER 3. Chapter 2: Ethereum Architecture and Ecosystem 4. Chapter 3: Decentralized Finance 5. Chapter 4: EVM-Compatible Blockchain Networks 6. Chapter 5: Deep Research and the Latest Developments in Ethereum 7. Part 2:Ethereum Development Fundamentals
8. Chapter 6: Fundamentals of Solidity 9. Chapter 7: Web3 API Fundamentals 10. Chapter 8: Developing Your Own Cryptocurrency 11. Part 3: Ethereum Development Fundamentals
12. Chapter 9: Smart Contract Development and Test Fundamentals 13. Chapter 10: Writing a Frontend to Build the NFT Marketplace DApp 14. Chapter 11: Ethereum Tools and Frameworks 15. Part 4:Production and Deployment
16. Chapter 12: Setting Up Ethereum Private Chain 17. Chapter 13: Deployment of Your DApps 18. Chapter 14: Building Ethereum Wallets 19. Chapter 15: Oracles, Technology, and Layer 2 in Practice 20. Part 5:Conclusion
21. Chapter 16: Conclusion 22. Index 23. Other Books You May Enjoy

Examining mining in Eth 1.0

In this section, we will explain how mining works in Ethereum. Depending on the progress of Eth2 and the merge of Eth 1 and Eth 2, sing the PoW consensus in mining might already be decommissioned by the time you read this section.

The mining process in Ethereum is largely the same as the one we discussed for Bitcoin. For each block of transactions to be added to the Ethereum blockchain and the world state to be updated, a consensus must be reached between 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 architectural differences 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.

Mining and the consensus...

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