Ethereum Blockchain Will Be Majorly Upgraded to Reduce Energy Consumption
Cryptocblog04 Nov, 2022News
A long-awaited software upgrade to the Ethereum blockchain aimed at reducing its massive energy consumption is expected this week, with supporters claiming that the move will broaden the technology?s use. The ?Merge? upgrade will significantly alter how transactions on the Ethereum blockchain and ether tokens are created. According to the Ethereum Foundation, the network?s spokesperson, the new system will consume 99.95% less energy.
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