Proof of Stake and our next experiments in web3

Cloudflare is launching a series of experiments focused on finding new ways to address scale and environmental challenges faced by blockchain technologies. The company aims to help advance the state of the art in web3, with a particular focus on reducing energy consumption while maintaining scalability for increased user adoption. These experiments will involve research into consensus protocols such as Proof of Stake and Proof of Spacetime, which are expected to be more efficient than current Proof of Work systems. Cloudflare plans to participate in the development and deployment of Ethereum by running validator nodes on its network, contributing to the decentralization and security of the blockchain ecosystem.