Geek Culture
Published in

Geek Culture

How Ethereum’s Shift to ‘Proof-of-Stake’ Could Reduce Environmental Concerns

Proof of Work vs Proof of Stake

Photo by André François McKenzie on Unsplash

On 27th May 2021, Vitalik Buterin, founder of Ethereum reiterated Ethereum’s shift from a proof-of-work(PoW) model to proof-of-stake(PoS) to reduce carbon footprints. The Ethererum Foundation announced the complete transfer and the new rollout is expected to be completed by the end…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store