Bitcoin uses computing power to record transactions, but Ethereum no longer needs mining rigs. What’s the difference?
Ethereum completed “The Merge” in September 2022, switching from proof of work to proof of stake (PoS).
Before staking, find out how long withdrawals take, whether there’s a risk of slashing, and where the rewards come from.
The coin mentioned in this article: $BTC is quoted at 83474.01 (24h +0.046%).
Leave a comment if you learned something. If anything wasn’t clear, ask in the comments.
#BTC
DYOR. Trade responsibly.
Ethereum completed “The Merge” in September 2022, switching from proof of work to proof of stake (PoS).
Before staking, find out how long withdrawals take, whether there’s a risk of slashing, and where the rewards come from.
The coin mentioned in this article: $BTC is quoted at 83474.01 (24h +0.046%).
Leave a comment if you learned something. If anything wasn’t clear, ask in the comments.
#BTC
DYOR. Trade responsibly.