proof of work
Ethereum switches to proof-of-stake consensus after completing The Merge
Popular cryptocurrency blockchain Ethereum has completed its long-awaited switch to proof-of-stake. That upgrade process, better known as “The Merge”, has been years in the making. According to the Ethereum Foundation,…
How the upcoming Ethereum Merge could change crypto’s rewards, costs and reputation
The long-awaited systemwide upgrade will, experts say, reduce the blockchain’s energy consumption by about 99% by switching its transaction verification system away from “proof-of-work.”
The looming shift in Ethereum from proof of work to proof of stake will have a noticeable impact on the broader crypto market.
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends…
