Ethereum’s transition away from proof-of-work is essential to the ecosystem’s ability to remain true to its principles of being open and permissionless, myetherwallet CEO RatherBeThePope says.
According to developers, the proof-of-stake mechanism is more efficient and cheaper than proof-of-work.
As the Merge approaches, Norton said institutional adoption will likely increase, especially if users begin to better understand what the change will mean for the blockchain. Norton said the Merge will “provide users a sharp contrast” between PoW and PoS, and could even affect bitcoin .
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Issue Is: Brian Tyler Cohen and Michael KnowlesMichael Knowles and Brian Tyler Cohen square off in a rematch of political debates. The two discuss FBI raid of Former President Trump's Mar-a-Lago home to whether or not President Biden deserves more credit for recent legislative victories.
Read more »
Sinking Spring: Brian Tyree Henry to Lead Apple's Crime Drama SeriesBrian Tyree Henry has officially signed on for the leading role in Apple Studios' forthcoming crime drama series titled Sinking Spring.
Read more »
A Philly man will be charged in the 2005 killing of a woman found decapitated in the Puget Sound near SeattleBrian Bourquard, 39 — who’d been living on the 700 block of Master Street in a brick rowhouse — is accused of killing 33-year-old Shanan Read 17 years ago.
Read more »