64 Shards (4 of 9)

64 Shards (4 of 9) While DeFi and NFT projects continued to evolve into the explosion of interest they attracted in 2020 and 2021, many teams of developers worked with the Ethereum community to build what has been promised early in Ethereum's designs: a move from proof-of-work consensus (PoW) to proof-of-stake (PoS). PoS is touted as being more energy efficient and more scalable, primarily because it does not rely on competitive hashing as a basis for growing the blockchain. Known as Eth2, and originally termed "Serenity," it has now become an elaborate technical specification to scale Ethereum through PoS and other design upgrades. "Miners" are now "validators," and they cooperate on a con...View all