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Ethereum (ETH) successfully executed its historic Merge on September 15, 2022. It is termed the most significant upgrade in the history of the cryptocurrency industry. As per ETH, the process completed Ethereum’s transition to proof-of-stake consensus, officially deprecating proof-of-work. This will eventually reduce energy consumption by ~99.95%.
Vitalik Buterin, co-founder of Ethereum mentioned that it is a big moment for their ecosystem. He thanked all the people who put their efforts into the successful Ethereum Merge.
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Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
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