Coinmonks
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Coinmonks

The week in crypto: Bellatrix update, Bitcoin dominance falling, NFT sales under $10 million daily

Ethereum: Bellatrix update is the final step before the Merge

Ethereum is just about a week away from its most significant update: the Merge. This moves from Proof-of-Work consensus (aka Bitcoin style) to Proof-of-Stake (financial stakes replace ASIC mining) will cut Ethereum’s energy consumption by 99.9% while providing more regular block times and easier recovery in case of network attacks. Blockchains Solana, Cardano…

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Raphael Meyer

Raphael Meyer

Author, KEYS to BITCOIN: learn how Bitcoin really works https://www.amazon.com/dp/1734773324 and Twitter @RaphaTheGrey