The merger of Ethereum, one of the world’s leading cryptocurrencies, has finally been completed! Effective immediately, Ethereum will change from proof-of-work to proof-of-stake and will make Ethereum the world’s best cryptocurrency for the environment!
It is understood that under the proof-of-work approach, the global Ethereum network must have very powerful computing power to ensure that the Ethereum network can run in order every time a calculation is performed. However, because of the huge computing power required in this way, Ethereum’s popularity has indirectly caused a lot of environmental pollution and even fires in some mining sites.
But with the change from proof-of-work to proof-of-stake, the Ethereum Foundation expects the cryptocurrency to reduce energy use by up to 99%, as well as sauce 0.02% of energy use globally. Not only that, Ethereum will not need as many graphics cards for computing after the switch to proof-of-stake, and will allow graphics cards to stop running out of stock, which is definitely a good thing for gamers!
