Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
August 11, 2022 05:09 pm

Ethereums big proof-of-stake blockchain switch could happen on September 15th





Illustration by Alex Castro / The Verge



The Ethereum network has been on a years-long path to switch its energy-hungry proof-of-work blockchain to a more efficient proof-of-stake system, and now its developers are suggesting a date to make the switch. It’s not final yet, but on a call streamed via the Ethereum Foundation’s YouTube page, they decided to submit this pull request proposing to make the change when the network reaches a specific difficulty mark, which should occur on September 15th or 16th.


Dubbed Terminal Total Difficulty (TTD), it specifies the mining of a particular block where the old network ends and the new one begins at 58750000000000000000000.



| Mainnet | TBD | TBD | TBD |


| Mainnet | 58750000000000000000000 | September 15, 2022 | TBD |


#### FORK NEXT...




Continue reading…




Original Link: https://www.theverge.com/2022/8/11/23301638/ethereum-crypto-blockchain-proof-of-stake-environment

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge