Friends,
have a great weekend!
The creator of the ETHEREUM - Vitalik Buterin announced at the Shanghai summit of the project that the transition from the Proof of Work validation system to Proof of Stake ( PoS) is likely to take place in August this year. In case of certain problems, the transition can be postponed to September or October 2022.
THE ORIGINAL SOURCE:
https://mobile.twitter.com/WuBlockchain/status/1527470665124937728/
What does this transition mean?
In simple terms, they will refuse the services of a large army of miners and begin to validate the block chain due to the ownership share of the token, and not the power of the miners' equipment.
What this can lead to, we analyzed in detail on the TradingView portal (by the way, most of our investment idea has already worked out! 🤜🏻 🤛🏻 ):
We continue to follow the development of events together with our project, Friends! To do this, subscribe to our channel on the crypto market:
https://www.youtube.com/channel/UCzM3IdL6LWjb1Jo_cOw9JKg ✔️
Good luck and thoughtful investments! 💰 💰 💰
P.S. The picture below is for those who prefer visual to text. 😎