Tag: POW (Proof-of-work)

Unlike the previous Ethereum, Ethereum 2.0 will be powered by a new consensus POS (rate confirmation). The long-awaited update to the Ethereum network, which converts Ethereum from PoW to PoS, will take place on September 14. You can read everything you need to know about the transition from Ethereum to PoS merger in PoS (bid confirmation) here.