Proof of proof of stake
Ethereum, the second-largest cryptocurrency, has switched to proof-of-stake, cutting its energy demands. The transition,, won’t change much for the average Ethereum user, but it sidelines miners.
The switchover began on September 6th, when the Bellatrix upgrade was activated. It is now complete after the mining of the Terminal Total Difficulty block, which triggered the Paris upgrade. The technical part is done; now, we get to see what happens. Before the Merge, Ethereum ran on proof-of-work, where computers all around the world competed to solve puzzles so they could add a new block to the chain. That was pretty energy-inefficient because all these miners were competing to solve the puzzle at the same time, but only one could win; all other energy was wasted. Proof of stake, on the other hand, has validators who’ve put up their Ethereum as collateral. If they misbehave, they’ll lose the Ethereum they staked.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Craig Wright Won't Give New Cryptographic Proof He's Satoshi, Hodlonaut Trial Told | CoinMarketCapDr. Wright's lawyers said they would not be providing any new cryptographic proof that would confirm he is Satoshi Nakamoto 🤐
Consulte Mais informação »
BYU apologizes to a banned fan, saying it found no proof they yelled racial slursBYU has apologized to a fan it banned for allegedly shouting racist slurs at Black volleyball players visiting from Duke University, saying the school's investigation found no proof of racial heckling or slurs.
Consulte Mais informação »
Cardano’s Charles Hoskinson Addresses Jack Dorsey’s Criticism of Proof-of-StakeCardano creator Charles Hoskinson has underscored the fact that his blockchain doesn’t rely on slashing for security
Consulte Mais informação »
Supermodel Skin, Humidity-Proof Hair, and Stiletto-Shaped Tips Shut Down the Vogue World RunwayA star-studded cast, including Shalom Harlow, Kendall Jenner, and Gigi and Bella Hadid, gave great face to celebrate global fashion and the greatest city in the world.
Consulte Mais informação »
Craig Wright Won’t Give Cryptographic Proof He’s Satoshi, His Lawyers Say at Hodlonaut TrialWright’s attorneys say his scholarly work, personal history and, above all, his success convincing Gavin Andresen that he held Satoshi’s private keys are proof enough.
Consulte Mais informação »