Ethereum completes The Merge! 🔥
It's happened. Ethereum is no longer based on Proof-of-Work. Early on Thursday morning, the network successfully switched to a Proof-of-Stake blockchain. This ambitious upgrade has been years in the making — and is set to reduce energy consumption by 99.95%. Miners are no longer responsible for verifying transactions and adding them to the blockchain. There were jubilant scenes in viewing parties as pandas emerged in code to show that PoS was activated. Software engineers watching closely at an Ethereum Foundation viewing party said it went "amazing" and "perfectly" as few blocks were being missed. But in a sign that The Merge had already been priced in, ETH's price was flat after it was completed. Click link to learn how to earn with crypto:https://linktr.ee/relentle
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