What does Ethereum’s Proof of Stake algorithm mean for miners?
Ethereum is a cryptocurrency platform that was initially presented by, then 19-year-old, Vitalik Buterin in 2013. The official launch of Ethereum occurred in 2015 after a very successful initial crowd sale. Ether, the token currency fueling Ethereum, is very similar to Bitcoin in that it is a decentralized cryptocurrency that publishes all transactions on the public ledger or blockchain and is generated by “mining” or computationally solving cryptographic puzzles. However, Ethereum i
Read more »