Ethereum has been transitioning from PoW to PoS for over a year, known as "consolidation", introducing the concept of "pledge", which is a new way to add and validate transaction blocks to the blockchain.In PoW mode, K workers compete to add blocks by solving password challenges
Ethereum has been transitioning from PoW to PoS for over a year, known as "consolidation", introducing the concept of "pledge", which is a new way to add and validate transaction blocks to the blockchain.
In PoW mode, K workers compete to add blocks by solving password challenges. Nowadays, in PoS mode, Ethereum validators need to pledge 32 ETHs on the network, and they will be randomly selected to add blocks. In these two modes, K workers and validators can only receive a certain number of ETH token rewards when their blocks are successfully added to the blockchain.
By introducing a pledge mechanism, Ethereum has significantly reduced its adverse impact on the environment, but it still faces a series of challenges, including issues related to centralization, review systems, and potential misuse of certain infrastructure intermediaries. The following are five major changes that have occurred in the ecosystem since Ethereum's PoS merger.
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