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Abstract:In the history of cryptocurrency, except Ethereum, no blockchain with such mature community ecosystem and consensus has ever made the decision to change its consensus mechanism. Why did Ethereum choose to merge?
WikiFX is going to hold a two-day “Wiki Finance EXPO Asia 2022” at AsiaWorld-Expo on December 16-17, 2022, from 9am to 6 pm.As the world's largest financial expo for enterprises and end users, WikiExpo is going to be held in Asia for the 7th time. In the midst of the global cryptocurrency sell-off and crypto market winter, the expo is attracting a number of participants - there are over 1,500 exhibitors, and hundreds of world-renowned analysts and KOLs will explain why Ethereum (ETH) has chosen to revolutionize its consensus mechanism in favor of PoS!
The Beacon Chain merging into the Ethereum mainnet in 2022 is one of the most important historical events in the cryptocurrency market since the birth of Bitcoin. The Merge upgrade marks that the Ethereum consensus mechanism will shift from Proof of Work (PoW) to Proof of Stake (PoS). Ethereum will also completely bid farewell to the energy-consuming mining era!
In the history of cryptocurrency, with the exception of Ethereum, no blockchain with such mature community ecosystem and consensus has ever made the decision to change its consensus mechanism. So why did Ethereum choose to merge? Will it surge after the Merge? Wiki Finance EXPO Asia 2022 is going to make an detailed analysis for you!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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In recent years, blockchain technology has rapidly evolved from a niche innovation behind Bitcoin into a transformative force across industries. At its core, blockchain decentralization refers to the distribution of authority and decision-making away from a central entity and into the hands of a distributed network of participants. This shift redefines how data is stored and verified and paves the way for trustless, transparent, and resilient systems that challenge traditional centralized models.