Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs Post author:MiamiCrypto Post published:September 15, 2022 Post category:Beacon Chain / Eli Ben-Sasson / Ethereum Foundation / Ethereum Mainnet / Ethereum merge / Ethereum Technical Roadmap / Purge / Splurge / StarkWare / Surge / Verge The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system. You Might Also Like L2 is crucial to Ethereum decentralization, censorship resistance, says researcher November 9, 2022 Are ZK-proofs the answer to Bitcoin’s Ordinal and BRC-20 problem? May 15, 2023 The ‘launch of a rocket’ — Observers on the future of Ethereum post-Merge September 15, 2022