Cryptocurrency News
No more power surge: Community celebrates as Ropsten testnet merge goes live
2022.06.09 15:21
No more power surge: Community celebrates as Ropsten testnet merge goes live
The Ethereum blockchain recently completed a step toward the long-awaited upgrade that will improve the platform by switching to a proof-of-stake (PoS) consensus. The Ropsten testnet successfully transitioned to PoS in what is dubbed a “dress rehearsal” for the Ethereum blockchain.
Since the network uses the proof-of-work (PoW) mining model which consumes a lot of electricity, the Ethereum platform is often criticized along with Bitcoin (BTC) over its environmental impact. With the shift to PoS, the energy issues will be addressed and the platform will become more scalable, being able to process more transactions per second.
