Cloudflare to run Ethereum node experiment to help ‘build a better internet’

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Cloudflare to run Ethereum node experiment to help ‘build a better internet’

Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated.

Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cybersecurity firm Cloudflare is set to launch and fully stake Ethereum validator nodes over the next few months.

It aims to study energy efficiency, consistency management and network speed of the PoS network as part of its commitment to environmental sustainability and to help “build a better internet.”

Cloudflare was founded in 2010 and provides web security services such as distributed denial-of-service (DDoS) mitigation to protect clients from DDoS attacks.

Cloudflare said it was experimenting with the “next generation of Web3 networks that are embracing proof of stake,” with Ethereum being the first in line for the company.

At this stage, it appears the Merge and transition to a PoS consensus mechanism is slated to go live by Q3 or early Q4, barring any further delays, with Cloudflare noting that this will lead to “significant energy efficiency improvements” for the network.

According to a Monday blog post, the firm will launch and fully stake Ethereum validator nodes — 32 Ether (ETH) required per node…

Read full Article https://techyno.com/cloudflare-to-run-ethereum-node-experiment-to-help-build-a-better-internet/

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