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What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake

Post author:MiamiCrypto
Post published:August 23, 2022
Post category:Beacon Chain Beam Ergo ETH ETH 2.0 Contract Ethash Ethash mining Ether Ether PoS Ether PoW Ethereum Ethereum (ETH)Ethereum Classic Goerli hashrate PoS PoS consensus PoS consensus mechanism PoS Validators PoW ravencoin Ropsten Sepolia Technology Terminal Total Difficulty The Merge total difficulty

In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not…