{"id":516927,"date":"2022-08-26T09:34:14","date_gmt":"2022-08-26T04:04:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516927"},"modified":"2022-08-26T10:11:56","modified_gmt":"2022-08-26T04:41:56","slug":"explained-ethereum-set-for-mega-merger-to-become-more-energy-efficient","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/explained-ethereum-set-for-mega-merger-to-become-more-energy-efficient\/","title":{"rendered":"Explained: Ethereum set for mega &#8216;merger&#8217; to become more energy efficient"},"content":{"rendered":"<p>Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain next month in a process called &#8220;the merge&#8221;. That will make Ethereum at least &#8220;99 per cent more energy efficient&#8221;.<\/p>\n<p>The Ethereum Foundation has said that the Merge Blockchain upgrade is scheduled on September 6 and the upgrade will be fully completed between September 10 and 20.<\/p>\n<p>&#8220;Following years of hard work, Ethereum&#8217;s proof-of-stake upgrade is finally here. The successful upgrade of all public testnets is now complete, and The Merge has been scheduled for the Ethereum mainnet,&#8221; the foundation said in a statement late on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain next month in a process called &#8220;the merge&#8221;. That will make Ethereum at least &#8220;99 per cent more energy efficient&#8221;. The Ethereum Foundation has said that the Merge Blockchain upgrade is scheduled on September 6 and the upgrade will be fully completed between September 10 and 20. &#8220;Following years of hard work, Ethereum&#8217;s proof-of-stake upgrade is finally here. The successful upgrade of all public testnets is now complete, and The Merge has been scheduled for the Ethereum [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-516927","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516927"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516927\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}