Ethereum and the Transition to Proof of Stake: What to Expect?
Ethereum has recently completed the transition to the Proof of Stake (PoS) consensus mechanism, known as "The Merge." This change aims to increase scalability and significantly reduce the network’s energy consumption.
Key Points:
✅ Energy Efficiency: The shift to PoS reduces Ethereum's energy consumption by approximately 99.95%.
✅ Impact on Validators: With PoS, validators replace miners, requiring ETH staking to participate in block validation.
✅ Market Expectations: The transition is expected to boost institutional investor confidence, potentially driving ETH’s price positively.
Reflection: How will the crypto community adapt to these changes, and what new opportunities will arise from Ethereum’s new structure?
