It’s been a long road, though the minds behind Ethereum have pushed and pushed a POS system and “The Merge” for nearly a decade at this point.
So what the hell is all this anyway?
You’ve probably read about Ether’s planned move to proof of stake before, the news washing over you and dissipating, like the first drops of rain from an overcast sky. News of what’s been dubbed “The Merge” filtered into your feed, then out. You probably read that it would be happening “soon.” Then it gets pushed a few more months, and you go on with your life.
Proof-of-stake, by contrast, randomly chooses validators that will confirm that each transaction made on the blockchain is reliable, which then compensates each machine with crypto. Evangelists of POS say it will utilize
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Institutions go long on ether as Ethereum's 'merge' approaches, according to CumberlandInstitutional buyers are adding long positions on ether its transition to proof-of-stake, called the merge, is slated for September.
Read more »
Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch – Altcoins Bitcoin NewsEthereum incubator and DeFi software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.”
Read more »
Vitalik Buterin Discusses Ethereum's Upcoming 'Merge' and 'Surge' at EthCC in Paris.VitalikButerin discussed the Ethereum network’s upcoming “Merge” and “Surge” at the developer-focused EthCC in Paris on Thursday. By ledesmalyllah
Read more »
Ethereum (ETH) Is Rapidly Outflowing from Exchanges, Figures Are Record-BreakingEthereum ETH outflows from exchanges at record-breaking pace amid unexpected price surge crypto ethereum eth ethmerge
Read more »
Looking to rent? Consumer advocates warn of scams on social mediaSummertime is the most popular time to move, but local consumer advocates warn it’s also a popular time for scammers to target renters.
Read more »