May 29, 2021
4 min read
How Ethereum’s Shift to ‘Proof-of-Stake’ Could Reduce Environmental Concerns
Proof of Work vs Proof of Stake
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…
