Ethereum Proof-of-Stake transition in 2022

URI: https://gptkb.org/entity/Ethereum_Proof-of-Stake_transition_in_2022
GPTKB entity
Statements (32)
Predicate Object
gptkbp:instanceOf gptkb:event
gptkbp:alsoKnownAs gptkb:The_Merge
gptkbp:blockchain gptkb:Ethereum
gptkbp:category gptkb:cryptocurrency
gptkb:blockchain_upgrade
2022 in technology
gptkbp:coordinates gptkb:Ethereum_Foundation
gptkbp:date 2022-09-15
gptkbp:energyReduction ~99.95%
gptkbp:followedBy Ethereum mainnet running Proof-of-Stake
gptkbp:impact lower carbon footprint
changed block production mechanism
increased ETH staking
gptkbp:introduced Proof-of-Stake consensus
gptkbp:involves Ethereum core developers
Ethereum node operators
Ethereum stakers
gptkbp:notableRelease staking rewards
Beacon Chain integration
elimination of mining
gptkbp:precededBy Ethereum mainnet running Proof-of-Work
gptkbp:purpose reduce energy consumption
enable future scalability upgrades
increase network security
gptkbp:relatedTo gptkb:Ethereum_Foundation
gptkb:Vitalik_Buterin
gptkb:Ethereum_mainnet
gptkb:Ethereum_Beacon_Chain
gptkbp:replacedBy Proof-of-Work consensus
gptkbp:bfsParent gptkb:VitalikButerin
gptkbp:bfsLayer 6
https://www.w3.org/2000/01/rdf-schema#label Ethereum Proof-of-Stake transition in 2022