🦧 better eth

😮 the merge is done

eth 2.0 is now here! it's been years since vitalik (co-founder of the ethereum foundation) claimed that "the merge" will happen soon, and it finally happened today

• it only took 12 minutes to complete – this is no easy job (engineering-wise), and the ethereum team has managed it very well

• the ethereum blockchain network is now on the beacon chain

  • eth is now more environmentally conscious (99% less energy intensive)

  • transactions are faster and cheaper

pos > pow

• most importantly (and the reason why the above points are true) – ethereum is now proof-of-stake, not proof-of-work

• p-o-w miners require intensive computing power and energy to validate transactions on the ethereum network

• p-o-s, on the other hand, are made possible by “validators” (literally anybody who’s willing to stake a portion of their ethereum stake) who dedicate their own stake to the network

my journey in ethereum

💡 something im thinking about

uber eats x nuro (click image)

that's all, folks 🐒

as always, i’m no financial advisor! (i’m no substitute for professional financial services)