The Code for Ethereum's Consensus Change Is Now Ready for Review
The ethereum network's transition to proof-of-stake is getting closer to reality, beginning with a hybrid system that could soon begin testing.

New code written to change the way the ethereum network reaches consensus is now ready for review, developers said Friday.
Ethereum improvement proposal (EIP) 1011, known as Hybrid Casper FFG (short for "Friendly Finality Gadget"), would implement the first step in a long-planned shift away from the energy-intensive mining process and toward an allegedly greener method sometimes called "minting."
Ethereum's current consensus protocol – the way the network agrees to add a new block to the chain – is called proof-of-work and requires resources to be expended as its "proof."
Ethereum's creator Vitalik Buterin and other developers have discussed eventually moving to a proof-of-stake model, in which users lock ether up in special wallets and risk losing these "stakes" if they don't follow the consensus rules. That planned transition to proof-of-stake is known as Casper.
EIP 1011, if implemented, would be a first, partial step toward the full move to Casper, introducing a hybrid system that combines proof-of-work and proof-of-stake, an approach discussed in papers unveiled last year.
Casper, while long in the making, is still controversial in some quarters – for example, a security researcher at VMware called it "fundamentally vulnerable" last month.
Yet Danny Ryan, one of EIP 1011's authors, along with Chih-Cheng Liang, told fellow developers during a meeting Friday that the proposed code is "ready for review, community discussion, etc."
Ryan added that development work for ethereum clients could begin soon and that he was corresponding with the formal verification engineers.
"As these pieces of the puzzle are getting closer to being completed," he said, "I'll signal that it's time to start talking about fork block numbers."
As Ryan suggests, the change will not be compatible with existing ethereum software, meaning that the network will have to undergo a hard fork to be implemented. That said, there's still some way to go before that happens.
"In terms of testing … I don't know when exactly that happens," Ryan continued, adding that he would "leave the EIP up for discussion a little bit longer before we start doing testing on that side."
Code image via Shutterstock.
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Coreweave stock gains 9% on fresh $2 billion Nvidia investment

Already an investor in CoreWeave, Nvidia last September had agreed to purchase $6.3 billion of computing services from the AI infrastructure provider.
What to know:
- CoreWeave shares jumped about 9% in pre-market trading after Nvidia invested another $2 billion in the AI-focused cloud company.
- The new funding is intended to help CoreWeave expand to more than 5 gigawatts of AI-dedicated data centers by the end of the decade.
- The deal deepens a yearslong collaboration in which Nvidia and CoreWeave will align on hardware, software and data center strategy, and test CoreWeave’s Mission Control resource-scheduling platform for potential integration into Nvidia’s ecosystem.











