Imagine a car launched at cruising speed, where the heat engine is replaced by an electric motor without stopping… This is the best image to imagine the technical challenge that Ethereum, the world’s second largest blockchain, will face. Behind Bitcoin. Because after September 15, Ethereum will abandon the transaction validation known as “proof of work” since its inception in 2015, which Bitcoin also uses to operate on another consensus mechanism, “proof of stake.”
The final phase of this transition, called “The Merger,” should take place on September 14th or 15th. The most obvious benefit of this years-awaited dangerous change in the crypto-asset industry is a drastic reduction in the amount of energy needed to run the entire system. Get out of the companies of “miners” and their intensive use of computer equipment…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.