Cryptocurrency Q&A
Is Ethereum a PoS or PoW?
Is Ethereum a PoS or PoW?
Martina
Sun Nov 24 2024
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6 answers
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I'm trying to figure out whether Ethereum is using a Proof of Stake (PoS) or a Proof of Work (PoW) mechanism. I need clarification on this point to better understand the Ethereum network and its operations.
6 answers
Lorenzo
Tue Nov 26 2024
This transition was part of a landmark event called "The Merge."
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lucas_jackson_pilot
Tue Nov 26 2024
The primary motivation behind this change was to improve the network's efficiency.
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TaegeukChampionCourageousHeart
Tue Nov 26 2024
In September 2022, Ethereum underwent a significant transformation.
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TimeRippleOcean
Tue Nov 26 2024
Additionally, the shift aimed to bolster the security of the Ethereum blockchain.
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Caterina
Tue Nov 26 2024
The blockchain network shifted from a Proof of Work (PoW) consensus mechanism.
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