The Merge is a long-awaited milestone in Ethereum’s journey toward a new proof-of-stake (PoS) consensus mechanism. Currently, Ethereum depends on proo
The Merge is a long-awaited milestone in Ethereum’s journey toward a new proof-of-stake (PoS) consensus mechanism. Currently, Ethereum depends on proof-of-work (PoW), whereby miners expend energy to discover new blocks and add them to the blockchain, earning newly issued ether (ETH) and a portion of the transaction fees and tips. Once Ethereum shifts from PoW to PoS, validators who have staked the required 32 ETH will take over the role of adding new blocks to the blockchain.
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