Cryptocurrency Q&A
What did Merge do for Ethereum?
What did Merge do for Ethereum?
HanbokGlamourQueenElegance
Thu Dec 26 2024
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7 answers
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Merge was a significant upgrade for Ethereum, transitioning its consensus mechanism from Proof of Work to Proof of Stake, aiming to improve the network's scalability, security, and sustainability.
7 answers
MysticStar
Sat Dec 28 2024
It is a software upgrade that altered the consensus mechanism of the Ethereum platform.
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emma_grayson_journalist
Sat Dec 28 2024
Prior to the Merge, Ethereum used a proof-of-work protocol for validation.
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CryptoTitaness
Sat Dec 28 2024
However, the Merge transitioned Ethereum to a proof-of-stake system.
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Valentino
Sat Dec 28 2024
The Ethereum Merge represents a significant milestone in the cryptocurrency world.
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NebulaNavigator
Sat Dec 28 2024
This change became effective on September 15, 2021.
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