Ethereum: Next Stop Shanghai
Ethereum and what the 2023 fork will bring to different stakeholders
The Merge Continuation A few months ago, we discussed the most important changes that the Ethereum Merge would bring and in fact delivered to the users. With this change, as you know, the most significant change was that the “old” Proof of Work was replaced by the Proof of Stake Protocol. These are basically the most important changes that are possible now thanks to the Merge. Improved energy efficiency: PoS uses less energy compared to PoW, which is expected to significantly reduce Ethereum’s carbon footprint. Increased scalability: The merge made the Ethereum network more scalable, as PoS can process more...