Ethereum’s ‘huge testing milestone’ in preparation for Proof-of-Stake

    Ethereum’s main public testnet, Ropsten, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo “the Merge” on June 8 in preparation for the main Ethereum blockchain to switch to proof-of-stake (PoS) consensus. Parithosh Jayanthi, who works in devops at the Ethereum Foundation, merged the pull request on GitHub today,…

    How does one “green” the blockchain?

    Cryptocurrency mining and maintaining the work of blockchains in general are associated with high electricity consumption. Often this energy comes from burning fossil fuels, which causes great harm to the environment. There are two ways out of the situation: either using green energy or switching to PoS en masse. Recently, Bloomberg reported that electricity consumption…

    Zcash is changing its ideology

    Confidentiality-oriented Zcash cryptocoin is getting ready to move away from the Proof-of-Work (PoW) protocol and switch to Proof-of-Stake (PoS). There are two reasons for that: security and environment. Zcash cryptocurrency has been gradually increasing in price in recent weeks. Currently, the cost of one cryptocoin is $ 118. And the rate of growth may well…