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: Alphabet
Battle of Metaverses. Facebook, Microsoft, Google and Apple. Who will dominate?
We hear it mentioned more and more often, although it is not yet entirely clear what it is, mainly because it does not yet exist in fact. The Metaverse appears to be on the verge of representing the next technological revolution, with obvious impacts on blockchain technology. The most prominent is undoubtedly Mark Zuckerberg, who is investing rivers of dollars in the new hyper-connected virtual reality. The Facebook founder believes so much in this project that he rebrands his company…
6 months ago 572
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