On August 25th, IT Home reported that today, the Ethereum Foundation published an article stating that "after years of effort, we have finally welcomed the upgrade of the Ethereum proof of rights mechanism.The official stated that Ethereum is shifting towards a proof of rights mechanism, and the transition to the consensus mechanism of 'The Merge' must first activate Bellatrix upgrade on the beacon chain. After upgrading,The Ethereum chain of the proof-of-work mechanism will transition to the equity proof mechanism after reaching a specific total difficulty value Bellatrix upgrade plan in epoch144896 of beacon chainAt around 19:34:47 Beijing time on September 6, 2022
On August 25th, IT Home reported that today, the Ethereum Foundation published an article stating that "after years of effort, we have finally welcomed the upgrade of the Ethereum proof of rights mechanism.
The official stated that Ethereum is shifting towards a proof of rights mechanism, and the transition to the consensus mechanism of 'The Merge' must first activate Bellatrix upgrade on the beacon chain. After upgrading,The Ethereum chain of the proof-of-work mechanism will transition to the equity proof mechanism after reaching a specific total difficulty value。 Bellatrix upgrade plan in epoch144896 of beacon chain——At around 19:34:47 Beijing time on September 6, 2022。
Officials say that for miners, if they mine on the main Ethereum network, after the merger, each network will operate entirely based on the PoS proof of rights mechanism. At that time,PoW mining will no longer be possible on the Ethereum network。
For more details, please refer to the original article of the Ethereum Foundation blog: Click here to go
IT Home has learned that Ethereum is a public blockchain platform, and its cryptocurrency isEthereum ETH。 There is a viewpoint that after transitioning from PoW to PoS, GPU will not be able to mine Ethereum, and at that time, "mines" will be shut down, potentially causing "mining cards" to flow into the market.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
