‘Green ETH’ narrative to drive investment and adoption, say pundits By Cointelegraph
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‘Green ETH’ narrative to drive investment and adoption, say punditsThe shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders.
On Thursday, officially transitioned to a proof-of-stake (PoS) consensus mechanism, which is expected to cut energy consumption used by the network by 99.95%, according to the Ethereum Foundation.
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‘Green ETH’ narrative to drive investment and adoption, say punditsThe shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders.
On Thursday, officially transitioned to a proof-of-stake (PoS) consensus mechanism, which is expected to cut energy consumption used by the network by 99.95%, according to the Ethereum Foundation.
Continue Reading on Coin Telegraph
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