The Massachusetts Institute of Technology has named Ethereum’s (CRYPTO: ETH) upcoming transition to a proof-of-stake blockchain to its list of top technological breakthroughs for 2022.
Now this title is a bit misleading because MIT didn't just talked about Ethereum but also Solana, Algorand and Cardano. Nonetheless, the elephant in the room in Ethereum and good to see institutions like MIT calling it breakthrough in creating digital currencies. MIT's specific focus is on the consensus mechanism, understandably so, the key hinge for double spend and network security.
It's great milestone for entire crypto community that all major blockchains except Bitcoin run on PoS consensus, that will unlock a lot of goodness for the applications, users as well as market!
Godspeed!
Submitted September 18, 2022 at 12:19AM by Sharp_Tank05 https://ift.tt/KZIqSwG https://ift.tt/Bhi4GuJ
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