Since the release of Ethereum in 2015, the cryptocurrency has been a popular choice for miners. Ethereum is a blockchain-based platform that enables developers to create decentralized applications (dapps). miners are rewarded for their contributions to the network by being rewarded with ether, the native cryptocurrency of the Ethereum network. With the release of Ethereum […]
Why Is Ethereum Moving To Proof Of Stake
In order to understand the motivation behind Ethereum’s shift to proof of stake, it’s important to first understand the basics of the two systems. With proof of work, miners use computers to solve complex math problems in order to validate transactions on the blockchain and are rewarded in cryptocurrency for their efforts. This system creates […]
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