{"id":13115,"date":"2022-08-25T14:56:05","date_gmt":"2022-08-25T14:56:05","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/08\/25\/ethereums-long-awaited-proof-of-stake-transition-set-to-start-on-september-6th\/"},"modified":"2022-08-25T14:56:06","modified_gmt":"2022-08-25T14:56:06","slug":"ethereums-long-awaited-proof-of-stake-transition-set-to-start-on-september-6th","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/08\/25\/ethereums-long-awaited-proof-of-stake-transition-set-to-start-on-september-6th\/","title":{"rendered":"Ethereum\u2019s long-awaited proof-of-stake transition set to start on September 6th"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/8\/25\/23321312\/ethereum-merge-date-start-september-6-bellatrix-upgrade<\/a>
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The Ethereum Foundation has announced<\/a> that September 6th will be the starting date for the system-wide transition known as the Merge. The first domino will be toppled on the 6th with the activation of the Bellatrix upgrade, which will then set the rest of the Merge process in action, with a completion date expected between September 10th and 20th. <\/p>\n

The Merge refers to the switchover of Ethereum from proof-of-work to proof-of-stake \u2014 two different methods of validating transactions on the blockchain. If you\u2019re not particularly interested in world of crypto, then the technical differences between the two approaches are a little arcane (The Guardian <\/em>has a good explainer here<\/a>). But the big upshot is that the new proof-of-stake method will use far, far less energy \u2014 99.95 percent less, according to the Ethereum Foundation\u2019s calculations. Given widespread criticisms of cryptocurrencies as a colossal waste of power that offer the world no additional utility, this is a big deal.<\/p>\n

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