FInal countdown started
Nice read here
https://scottmsul.substack.com/p/a-bitcoiners-guide-to-proof-of-stake
Nice read here
https://scottmsul.substack.com/p/a-bitcoiners-guide-to-proof-of-stake
Ethereum is moving to proof-of-stake on Sept 6, 2022
- Thread starter RealDude
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What exactly does it mean if someone has to explain it in normal understandable language?
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
"The Ethereum Merge is a network update to transition Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism."
Proof-of-Work (PoW)->>>>> Required Mining Hardware to validate transaction
Proof-of-Stake (PoS)>>>>> Not required
Meaning you do not required mining hardware any longer ... Do not required high Energy consumption to run ETH..
thank you very much, that information was useful, I understand it clear.
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
POS is nothing groundbreaking...
Cardano, Atom, Polkadot etc etc all have it since a long time.
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