Ethereum's New Power

Michael23 Sep, 2022Computer & Internet

Ethereum is on a roll and is the most popular due to its ERC standards. However, there was a significant drawback: power consumption. It's because of the PoW consensus. As of last week, Ethereum has successfully completed The Merge, which means that it moved to a better consensus algorithm. This changes A LOT. Read more below. Ethereum is probably the first thing that comes to mind when people hear about a blockchain. Small wonder, more than seven years have passed since the inception of Ethereum, but it still remains the leader among blockchains. The digital world is constantly evolving. After the emergence of Ethereum, other players in the blockchain market have appeared and are also rapidly gaining momentum. To maintain its position, Ethereum must meet the modern market's requirements.