Ethereum One Step Closer To PoS After Implementation of First Shadow Fork

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Ethereum developers have announced the first successful implementation of a “shadow fork” on the network, which is a big step towards shifting the network to proof-of-stake. The shadow fork creates a platform for ETH developers to run tests before the networks shift from PoW to PoS. The Ethereum network’s merge into PoS is expected to make the network faster, cheaper, and more environmentally friendly due to the high energy consumption required to run PoW. The merge is expected to be fully implemented in the second half of 2022. So, if you are confident that it will go through without a hitch, then you might consider adding some ETH to your portfolio. Do you think it's truly a big deal? submitted by /u/SwapzoneIO |