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How does the NEW Ethereum work?

  • Article
  • #Blockchain #Ethereum
Preethi Kasireddy
@TruStory
(Author)
www.preethikasireddy.com
Read on www.preethikasireddy.com
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When Ethereum swapped out Proof-of-Work consensus with Proof-of-Stake, we called it "the Merge." Ever since, Ethereum hasn't needed miners to execute Proof-of-Work and add new block... Show More

When Ethereum swapped out Proof-of-Work consensus with Proof-of-Stake, we called it "the Merge." Ever since, Ethereum hasn't needed miners to execute Proof-of-Work and add new blocks to the blockchain. Instead, it uses "validators," which are people who stake ETH to gain the right to validate and append new blocks to the blockchain.

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Misha @MishadaVinci ยท Jan 12, 2023
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Great stuff from Preethi ๐Ÿ‘‡
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