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The Ethereum blockchain network switched its consensus layer from proof-of-work (PoW) to proof-of-stake (PoS) in an event dubbed The Merge to help its scalability issues.. PoW networks (like the Bitcoin network) rely upon ‘miners’ to validate transactions and continue the blockchain.PoS networks (Ethereum 2.0) rely upon ‘validators’ to do these tasks by ‘staking’ the coins native ...
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