Bitcoin and Ethereum currently both rely on proof-of-work systems to execute secure transactions that enable cryptocurrency trading and everything else that lives on the blockchain. Computers around the world connect to validate the transactions, solving cryptographic puzzles in a competition to mine blocks and earn valuable crypto for the people who operate them.
Proof of stake, which is already used by other blockchains, can drastically reduce the amount of energy used by having miners lock up crypto they already own as collateral for the chance to validate transactions and face the penalty of losing those tokens if their calculations don’t add up.
bgurley So what will ethereums max throughput be with the new approach?
The merge by verge
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