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Final September, Ethereum crossed the Rubicon. The blockchain, which had till then operated underneath a proof-of-work (Pow) structure just like these underpinning cryptocurrencies corresponding to bitcoin, switched to a wholly new mechanism generally known as proof of stake (Pos).
Below the previous system, block creators generally known as ‘miners’ could be given Ethereum’s cryptocurrency ether (ETH) in return for decrypting hexadecimal numerical codes. Below Pos, members of the community – now generally known as ‘validators’ – stake
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