Ethereum's Transition to Proof of Stake Saved as Much Energy as Finland Uses in a Year šā”
In 2022, Ethereum completed āThe Merge,ā switching from energy-hungry Proof of Work to Proof of Stake. The result? A 99.95% drop in energy consumption.
Thatās roughly equivalent to the annual electricity usage of an entire country like Finland!
But hereās the kickerāwhile energy efficiency soared, Ethereumās decentralization and security remained largely intact. Some say it set the standard for sustainable blockchain evolution.
š” What do you think?
Is Proof of Stake the futureāor are we overlooking something critical?
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