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madelyn🎩🎭
@madelyn2000
To reduce energy consumption and increase efficiency, Ethereum is transitioning to a new version called Ethereum 2.0, which uses the Proof of Stake (PoS) algorithm instead of Proof of Work (PoW). In this system, validators, rather than miners, are responsible for verifying transactions, and instead of expending energy for mining, they lock up their tokens as collateral on the network.
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fereshte 🎩 🎭🌈
@faraji681123
56 $DEGEN
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