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How Ethereum Will Be Transformed in 2022

From coindesk.com

With 2021 winding down and 2022 hopefully being the year of the Merge, I wanted to do a deeper dive into five of the top things to expect with Ethereum’s impending transition to proof-of-stake. The Merge itself will not be as initially glamorous as many market participants and outsiders may believe. However, the underlying improvements and the foundation it sets will allow Ethereum to onboard millions of users without sacrificing decentralization. 1) Lower energy consumption – Changing Ethereum’s consensus layer to proof-of-stake rids the network of miners and replaces them with validators. Under proof-of-work, ... (full story)

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  • Category: Fundamental Analysis