99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction
Cointelegraph
Published Mar 26, 2021 12:22AM ET
Updated Mar 27, 2021 02:00AM ET
Blockchain security provider Sigma Prime has announced its first merge transaction between the two Ethereum networks.
The transaction was made by its Lighthouse client using only Proof of Stake validators, it stated in a March 25 tweet. It added that this was a step towards a 99.98% drop in Ethereum energy consumption, deriving that figure from calculations that compare the current Proof of Work Eth1 with the much more efficient Proof of Stake Eth2.
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Written By: Cointelegraph
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