Bye-bye, Miners! How Ethereum’s Big Change Will Work

Ethereum is making big changes. Perhaps the most important is the jettisoning of the “miners” who track and validate transactions on the world’s most-used blockchain network. Miners are the heart of a system known as proof of work that was pioneered by Bitcoin and adopted by Ethereum, the platform that supports Ether, the runner-up to Bitcoin as the world’s most valuable cryptocurrency.

Topics:  ethereum   ether   bitcoin   miners   work   big change   proof   world   
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