The Merge: Ethereum’s Long-Awaited Overhaul May Be Imminent
Ethereum, the second largest blockchain-based platform by market cap, is tentatively scheduled to convert its consensus mechanism from proof-of-work (PoW), which incentivizes miners to solve mathematical puzzles to update the blockchain, to proof-of-stake (PoS), which makes decisions about updates through a vote among holders that have “staked” cryptocurrency that is “at risk” due to bad … Continue reading The Merge: Ethereum’s Long-Awaited Overhaul May Be Imminent
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