Ethereum Blockchain Migrates to Proof of Stake After Completion of The Merge


“The Ethereum blockchain officially migrated to the proof-of-stake (PoS) consensus mechanism as the anticipated ‘Merge’ finally occurred around block height 15537391 on September 15. The protocol’s co-founder Vitalik Buterin has described The Merge as ‘a big moment for the Ethereum ecosystem.’ … While Ethereum ceased to be a proof-of-work (PoW) blockchain immediately after The Merge, not all miners went along with the decision to migrate. As previously reported by News, miners opposed to The Merge are expected to continue mining other assets such as ETHW, as well as already established PoW alternatives.” (09/15/22)