👉 Ethereum has shifted from Proof-of-Work to Proof-of-Stake, leading to a huge reduction of energy consumption 👉 Brother of ex-Coinbase manager pleads guilty to insider trading charge 👉 Starbucks enters web3 and plans to launch a blockchain-based loyalty program 👉 Citadel, Fidelity and Charles Schwab launch a crypto exchange 👉 The prototype for Norway’s central…
The Merge will immediately: 👉 Turn o Proof of Work and end mining on Ethereum 👉 Introduce Proof of Stake 👉 Make the Ethereum network up to 99.95% more energy ecient The Merge will not immediately: 👉 Reduce transaction fees 👉 Improve Ethereum scalability and reduce congestion 👉 Create faster transaction processing 👉 Unlock ETH staking tokens Source: https://twitter.com/VitalikButerin/status/1558072902972473344
This marks the moment when Ethereum will switch from the old Proof of Work to Proof of Stake. September could be the time. Jakob Steinschaden talks in the podcast with Astrid Woollard from SMAPE Capital and Ed Prinz 🦄, CEO of loob and Chairman of DLT Austria: https://www.trendingtopics.eu/wir-durchleuchten-ethereum-proof-of-stake/
👉 This EIP adds refund functionality to the EIP-721 and EIP-1155 standards. The NFT space lacks much accountability. For the health of the NFT ecosystem as a whole, better mechanisms to prevent rugpulls from happening are needed. Offering refunds provides greater protection for buyers and increases legitimacy for creators. Source: https://github.com/ethereum/EIPs/pull/5507/files