Many of you know that I’m a crypto nut. And as the new uptrend of cryptocurrencies restart following Bitcoin’s recent halving in May, let’s take a look at the current Number 2 in the market. Ethereum itself is going through a major change, switching almost the entire infrastructure in its operations into what is known as Ethereum 2.0, moving from a proof-of-work to a proof-of-stake model. In this article, we’ll look at how proof of stake works, vs its current proof of work model.
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div aria-hidden="true" class="wp-block-spacer"> What is Ethereum? For those of you new to crypto and hence unfamiliar with Ethereum (ETH), it is the number 2 cryptocurrency by market cap after Bitcoin. Its current circulation is valued at USD$44.6B. Like Bitcoin, it is an open source blockchain technology platform that allows for decentralised applications (dApp) to run on...