A report from Sheena Shah, an analyst for Morgan Stanley (an American multinational investment management and financial services), claimed that since the network switched to the Proof-of-Stake (PoS) algorithm, Ethereum has grown more centralized. Validators certify the transactions on the network since Ethereum switched from a Proof-of-Work consensus to a Proof-of-Stake one. According to the […]
Category: Ethereum
October 17, 2022
October 13, 2022
ETHW Miner Chandler Guo: “The Mistake is That They Abandoned PoW”
Ever since Ethereum – the second largest cryptocurrency by market capitalization in the world – moved its consensus mechanism to “Proof-of-Stake”, the Ethereum community has seen drastic changes in its ecosystem. The event, which became known as “the merge”, became the most talked about cryptocurrency occurrence of the year. Ethereum set the merge as the […]
October 11, 2022
Ethereum Supply Finally Turns Deflationary Following The Merge
The merge was without a doubt one of the biggest events to happen in the cryptocurrency sector of the last decade. On September 15th of 2022, the world’s second-largest cryptocurrency by market capitalization completely changed its consensus mechanism to “proof-of-stake”. That change marked the end of Ethereum cryptocurrency mining and also the transition to a […]
