BREAKING: Ethereum Merge is Complete — Blockchain Now Running on Proof-of-Stake | CoinMarketCap

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BREAKING: Ethereum Merge is Complete — Blockchain Now Running on Proof-of-Stake | CoinMarketCap
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🔥BREAKING: wen merge? Now! Ethereum has officially moved to a Proof-of-Stake blockchain — making miners obsolete and slashing energy consumption by 99.5%.

They're now being urged to move over to Proof-of-Stake, which promises to use 99.95% less energy and be far more environmentally friendly.

"We've lost about 4% of validators — my honest estimate was that we could lose 10% to 20% of validators. Going down to 95% participation is incredible. There's so much headroom there." "This is the first step in Ethereum's big journey toward being a very mature system. There's still lots of steps to go. We still have to scale, we still have to fix privacy, we have to make the thing actually secure for regular users. We have to work hard and do our part to make all of these other things happen as well. To me, The Merge just symbolizes the difference between early-stage Ethereum and the Ethereum we've always wanted.

Those who watched the Ethereum Foundation's livestream were entitled to receive a POAP — Proof of Attendance Protocol — a unique NFT that proves they were there.

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