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Official announcement! Ethereum "merger" started on September 6, and after completion, it will bid farewell to proof-of-work mining
Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), will officially "merge" on September 6th.On August 24th local time, the Ethereum Foundation posted a blog stating: "After years of hard work, Ethereum's Proof of Rights (PoS) upgrade has finally arrived! The successful upgrade of all public testing networks has been completed, and the merger of Ethereum's main network is already being arrangedThe transition from proof-of-work (PoW) to proof of equity (PoS) of Ethereum main network is called "merger"
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Will Ethereum trigger a sell-off trend after completing its "Shanghai upgrade" with over $37 billion in pledged assets to be unlocked?
Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes
