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Prysm

Prysm is a group-ownership platform with a mission to create a more abundant world by redistributing wealth, capital, and power. They are bringing group ownership to the masses through NFT Squads: the fastest and most fun way to collect, own, and show off NFTs with your friends. By leveraging DAOs as a structure for groups to share resources, NFT Squads allows the whole to be greater than the sum of its parts.

What is Prysm?

Prysm is an open-source Ethereum consensus client developed in Go, designed to implement the proof-of-stake protocol for Ethereum 2.0. It aims to provide a secure, efficient, and user-friendly platform for validators and node operators, facilitating the transition from proof-of-work to proof-of-stake consensus mechanisms.

How Does Prysm Work?

Prysm operates by running a beacon node and a validator client. The beacon node manages peer-to-peer networking, chain synchronization, and consensus, while the validator client handles staking operations, including proposing and attesting to new blocks. This architecture ensures the secure and efficient functioning of the Ethereum 2.0 network.

What Makes Prysm Unique?

Prysm stands out due to its user-friendly web interface, allowing for intuitive node management. Its development in Go ensures high performance and ease of use, making it accessible to a broad range of users. Additionally, Prysm's commitment to open-source development fosters transparency and community collaboration.

Who Are the Founders of Prysm?

Prysm was developed by Prysmatic Labs, a team of Ethereum core developers dedicated to advancing Ethereum's proof-of-stake implementation. Key contributors include Raul Jordan, who has been instrumental in the project's development and outreach.

Latest News

What Key Events Have There Been for Prysm?

Prysm has achieved several significant milestones, including the release of version v4.1.0, which laid the foundation for supporting the Ethereum testnet Deneb and introduced features like backward synchronization and file system-based blob storage. Additionally, the launch of a dedicated web interface enhanced user experience by providing a graphical interface for staking operations.

Project Announcements

Recent updates include the release of version v4.0.5, featuring significant improvements such as proof aggregation, and version v4.0.3, which addressed important fixes like corrections to the external block builder code path and errors in the key manager.

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.