Ethereum's Final Proof-of-Stake Test Deemed a 'Success'

  • 📰 Gizmodo
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

This clears the way for Ethereum to ditch its current proof-of-work model next month, which advocates say could radically reduce energy consumption.

on by CNBC, is one of the last checkmarks on the to-do list before the so-called “Merge” takes effect.

As a quick refresher, POS advocates, climate researchers and others have pushed Ethereum to transition away from POW due to its heavy reliance on energy for mining. Though there was a time when Bitcoin and Ethereum users could simply mine the currencies using the computers in their bedroom, that time has long passed. Now, Bitcoin

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeh. Put up or shut up

After years

successfully defeating the purpose of cryptocurrency

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 556. in ENERGY

Energy Energy Latest News, Energy Energy Headlines