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 ‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability March 8, 2022 Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput August 17, 2022 Ethereum Foundation Report Reveals $1.6B Treasury Holdings April 18, 2022
‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability March 8, 2022