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Proof-of-Stake
No One Is Spending a Fortune for the NFT of Ethereum’s Final PoW Block
The entirety of Ethereum’s final block before it shifted to a proof-of-stake network Thursday morning was captured in the form of a non-fungible token (NFT). VanityBlocks paid around 30 ether in fees to mint the NFT but the highest bidder is offering just 10 ether. "The Hash" panel discusses the details.
Ethereum Network Shows Signs of Increased Centralization After the Merge
In the hours following the long-awaited Ethereum Merge on Thursday, over 40% of the network’s blocks were added by just two entities: Coinbase and Lido. “The Hash” team discusses whether the shift from proof-of-work (PoW) to proof-of-stake (PoS) increased centralization of the network.
SEC Chair Gensler Testifies Before Lawmakers on Future of Crypto Regulation
According to the Wall Street Journal, SEC Chair Gary Gensler said that proof-of-stake (PoS) blockchains, which generate new coins for inventors who pool their holdings, take on investment contract-like attributes that could bring them under his agency’s purview. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto regulation.
Miner Chandler Guo: ETHPoW Is 'the Home' of Ethereum, 'So What' if It's a Zombie Chain
Even if Ethereum's proof-of-work chain becomes a zombie chain, "it doesn't matter," miner Chandler Guo says, adding that it is the "original home of Ethereum." If the proof-of-stake chain runs into trouble with regulators, "you will be welcomed back home."
Ethereum Already Showing Signs of Increased Centralization
In hours following the Merge, just two platforms added over 40% of the network's blocks.
Bitcoin Outlook After Ethereum’s Historic Upgrade
CoinDesk Managing Editor of Technology Christie Harkin and Tech Reporter Sam Kessler discuss the road ahead for bitcoin (BTC) after Ethereum successfully shifted from proof-of-work to proof-of-stake. Plus, insights into the debate around ether (ETH) and bitcoin’s environmental impacts.
Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge
Now-redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings.
SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report
Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.
Ethereum PoW Is Not an Ethereum Competitor
Will proof-of-work blockchains benefit from the Merge, beyond short-term speculation?
Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever
Ethereum now spews out less carbon dioxide than a few hundred U.S. households, according to a report.
