- From coindesk.com|Sep 25, 2023
It’s been a little over a year since Ethereum, the largest smart-contract blockchain, switched out its old energy intensive proof-of-work (PoW) model, used by blockchains like Bitcoin, for proof-of-stake (PoS). The switch, known as the Merge, introduced “staking,” a new way to add and approve a block of transactions to the blockchain. Under PoW, miners ...
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