After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%. Watch more here: https://youtu.be/6lNgLNnfSoQ

    18 Comments

    1. Proof of stake is 100% part of the IMF/WEF "By 2030 you'll own nothing and be happy about it" plan. In short, it is a terrible idea.

    2. it's not a "problem" it guarantees the network's security and DECENTRALIZATION. Ethereum is now controlled by those who hold the most ETH on the network. In ETH's transition to PoS, it lost nearly all of the characteristics that made it attractive as an investment in the first place.

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