Ethereum’s Energy Consumption Drops 99% After Switching to PoS Consensus Mechanism
Before the "merger," the figure was only twice as high CCFA analysts Based on Cambridge University Research Center data, Ethereum's total energy consumption from 2015 to 2022 was 58.26 TWh.. After switching to the PoS consensus mechanism, the annual equivalent ...
Founder of CryptoLaw Believes Ethereum Could Be Recognized as a Security after PoS Transition
According to John Deaton, the founder of CryptoLaw, who advocates for XRP cryptocurrency owners, the recent transition of the Ethereum network to the Proof-of-Stake (PoS) consensus algorithm may lead to Ethereum being recognized as a security by regulators. In an interview with Real Vision Crypto ...
Understanding the Prospects and Challenges of Tron, Solana, and ETH2 in the Crypto Market
Upon analyzing the latest trends concerning Tron, Solana, and ETH2, it becomes clear that many of the predictions have already been successfully implemented. However, certain aspects can only be noticed through numerical designations. To provide a better understanding, it would be helpful to pres ...
Recognition of Ethereum as a Security: Potential Impact on the Cryptocurrency Industry
The potential recognition of Ethereum as a security could have a significant impact on the cryptocurrency industry. While regulators have generally recognized ETH as a commodity, the recent lawsuit filed by the New York Attorney General's Office against Seychelles-based exchange KuCoin has raised ...