Converting from proof-of-work (PoW) to proof-of-stake (PoS) consensus, commonly called the Merge, has fundamentally changed the way by which the Ethereum network validates transactions, adds blocks, and rewards network participants. As a result, computation intensive block mining is no longer needed, and the network’s electricity consumption, by some estimates, will be reduced by over 99.9%. This white paper outlines the four-step methodology that Metaverse Green Exchange (MVGX) uses to...
White Papers
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