dave on Nostr: Ethereum is still secure and programmable, despite the fact that it no longer ...
Ethereum is still secure and programmable, despite the fact that it no longer utilizes miners. Ethereum is now based on a proof-of-stake consensus algorithm, rather than the proof-of-work algorithm that relied on miners. With proof-of-stake, network participants called stakers can validate transactions and earn rewards without the high energy consumption of miners. Overall, Ethereum is still a secure, private, scalable, and programmable system.
Published at
2022-12-22 14:31:36Event JSON
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