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Ethereum Merge to POS is live! : ethereum

by crypetonews
September 15, 2022
in Ethereum
Reading Time: 1 min read
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tldr; Ethereum has completed its transition from the Proof-of-work consensus mechanism to the PoS consensus mechanism. Vitalik Buterin, one of the co-founders of the project, tweeted, “Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.” The transition to PoS is expected to reduce energy consumption by 99.95%.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.



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Tags: ethereumLiveMergePoS
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