The network has officially switched over to proof-of-stake as a result of the Ethereum Merge. The Beacon Chain's consensus layer and the Ethereum Mainnet execution layer were merged on September 15 at 06:42:42 UTC at block 15537393, resulting in the long-awaited Merge. The Merge, according to the Ethereum Foundation, would increase the Ethereum network's energy efficiency by around 99.95% and …
The story so far : The concept of Web3, also called Web 3.0, used to describe a potential next phase of the internet, created quite a buzz in 2021. The model, a decentralised internet to be run on blockchain technology, would be different from the versions in use, Web 1.0 and Web 2.0. The internet in the Web 1.0 days …
Jack Dorsey, CEO of Block and the former head of Twitter, made it very clear how he feels about Web3 on Monday. Know what you’re getting into… — jack⚡️ December 21, 2021 Web3 is the latest Silicon Valley buzzword referring to a possible future version of the internet that’s run on blockchain networks, the record-keeping technology that underlies cryptocurrency. In …
