The Ethereum Merge was successfully completed.
The era of Ethereum mining has come to an end - the second largest blockchain in the world has moved from Proof-of-Work to Proof-of-Stake. This means that now only validators who have blocked part of their coins in staking will be able to mine new coins.
The Ethereum merge has been planned since 2017, but has been repeatedly delayed. The Ethereum Foundation estimates that switching to PoS mechanism will reduce the electricity consumption by 99.95%.
Source:
• https://t.me/TechnologyBoxs/5474
#TechNews #Crypto #Ethereum
@Dagmawi_Babi
The era of Ethereum mining has come to an end - the second largest blockchain in the world has moved from Proof-of-Work to Proof-of-Stake. This means that now only validators who have blocked part of their coins in staking will be able to mine new coins.
The Ethereum merge has been planned since 2017, but has been repeatedly delayed. The Ethereum Foundation estimates that switching to PoS mechanism will reduce the electricity consumption by 99.95%.
Source:
• https://t.me/TechnologyBoxs/5474
#TechNews #Crypto #Ethereum
@Dagmawi_Babi
This is Vitalik Buterin's roadmap for Ethereum.
I genuinely hate Ethereum and the Blockchain but I admire the tech built on top of it and the people involved.
#Ethereum #VitalikButerin
@Dagmawi_Babi
I genuinely hate Ethereum and the Blockchain but I admire the tech built on top of it and the people involved.
#Ethereum #VitalikButerin
@Dagmawi_Babi