Ether is merging in a good way

Ethereum is planning a merger the other day; wtf?

The merger is Ethereum's move from Proof-of-Work (PoW) to Proof-of-Stake (PoS).

- PoS: Blockchain consensus comes from people (stackers) who blockchain their Ethereum.

- PoW: The blockchain consensus comes from people (miners) who protect the network with processing power.

What?

The merger is Ethereum's move from Proof-of-Work (PoW) to Proof-of-Stake (PoS).

PoS: The blockchain consensus comes from the people (the stackers) who blockchain their Ethereum.

PoW: The blockchain consensus comes from people (miners) who protect the network with processing power.

Why?

Ethereum tried to solve the holy trinity of blockchain problems with security, decentralisation and scalability. So far, blockchains have had to compromise on at least one thing.

What will change?

Decentralisation/security: Fusion requires a minimum number of nodes and simplifies node management.

Resilience: PoS consumes about 99% less power than PoW.

Scalability: opens the door to segmentation, which could someday provide 100,000 TPS.