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Blockchain

What is The Merge and Proof-of-stake?

What’s the Ethereum Merge? The merge is an upgrade of the Ethereum validation mechanism for transactions method from a proof-of-work to proof-of-stake. “Proof of work” and “proof of stake” are the two major consensus mechanisms used by cryptocurrencies to verify new transactions, add them to the blockchain. What is a proof-of-work? Proof of work is […]