Ethereum Price Explode After Six Months of Steady Decline

in #times • 3 years ago

The Ethereum community underwent a primary improve in September 2022, shifting from a proof-of-work (PoW) to a proof-of-stake (PoS) community in an occasion known as the Merge. The new consensus mechanism is predicted to growth the safety of the community, which has visible a consistent decline in change deliver during the last six months post-Merge.

The Ethereum network noticed this as an possibility to apply this new consensus mechanism to release a brand new cryptocurrency primarily based totally on Ethereum`s technology: Ethereum Classic.

Ethereum Classic become released on September 24th, 2022 with a difficult fork of the Ethereum blockchain that created separate blockchains — one for Ethereum Classic and every other for Ethereum.

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3 years ago in #times by
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