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Top 5 LSD Crypto Altcoins That Can Soar After the Next Ethereum Upgrade
If you’ve been reading my articles, you know I like covering strong crypto narratives with the potential to generate massive returns. In my previous posts, I covered top AI projects, Chinese altcoins, and Zero-Knowledge tokens.
In this post, I will discuss an interesting crypto event that will take place soon and 5 tokens that are best placed to profit from it.
This event is called the Ethereum Shanghai Upgrade.
The Ethereum Shanghai Upgrade is the first major upgrade of the Ethereum blockchain since The Merge took place in September 2022. It was scheduled for March 2023, but it’s recently been pushed back to early April.
As you probably know, The Merge replaced the Ethereum blockchain’s consensus mechanism from a proof-of-work protocol to a proof-of-stake.
In a proof-of-work system (PoW), used by Bitcoin, for example, miners deploy huge amounts of computing power to confirm transactions. This releases new tokens into circulation which miners receive as a reward for their work.
Proof-of-stake (PoS), on the other hand, requires node validators to validate transactions and mint new tokens which they also receive as a reward. This is eco-friendlier than PoW, but it’s also far more centralized.
