Ethereum is moving over from a proof-of-work model to a proof-of-stake. This changes how distributed consensus on the blockchain is achieved, no longer requiring miners. Mining for the cryptocurrency ...
Tobi is a crypto writer at Investopedia. He aims to simplify the complex concepts of blockchain and cryptocurrencies for the masses. Jakub Porzycki / NurPhoto / Getty Images The crypto community ...
In a nutshell: The Merge upgrade has landed, switching the Ethereum network to a proof-of-stake (PoS) algorithm. The new system reduces electricity consumption by orders of magnitude as it doesn't ...