Ethereum 2.0: Switching to Proof-of-Stake (PoS)

Proof-of-Work vs. Proof-of-Stake Ethereum is the second-largest cryptocurrency by market capitalization – behind Bitcoin – and currently runs on a proof-of-work consensus protocol like Bitcoin. This energy-intensive means of validation allows the decentralized Ethereum network to come together and authenticate complex mathematical transactions that are then added as blocks to the Ethereum blockchain. Miners compete …

Ethereum 2.0: Switching to Proof-of-Stake (PoS) Read More »