Morgan Stanley says changing to Proof of Stake might not solve Ethereum's scaling problems. An equity strategist for Morgan Stanley claims Ethereum beacon-mainnet merge will cause demand for graphics processors to plummet in the coming months. The Ethereum platform has been undergoing a parade of testnets preparing for its merge with Beacon Chain. This merge is a move to facilitate the blockchain's transition from operating a Proof of Work model, to Proof of Stake. The PoW consensus model understandably…
Tag: Aiding
European Citizens Arrested for “Aiding” North Korea in Bypassing Bans
Christopher Emms and Alejandro Cao De Benos, British and Spanish residents respectively, are facing charges from US authorities for aiding North Korea's efforts against the western nation's sanctions. Emms and De Benos reportedly used and "taught" crypto to North Korean dissidents. Defendants Collaborate to Aid Efforts to Evade Sanctions The two Europeans allegedly educated the Democratic People's Republic of Korea on digital currency and blockchain services. As a result, alongside crypto expert Virgil Griffith, they worked to provide information on…
2 months ago 
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