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 Vitalik Buterin Calls out Ethereum Foundation Critics—’Show Some Respect’ October 27, 2024 The Ethereum Merge is completed: Here’s what’s next September 15, 2022 ETHW confirms contract vulnerability exploit, dismisses replay attack claims September 19, 2022