When will ETH coins be changed to POSs (after ETH is converted to POSs, coins will be stored)
when does the eth coin change to pos? According to ethnews, Ethereum community members said on Twitter: We have determined the date of ETH changing to pos. This time depends on the time of the client and testing the online cable According to the latest news, ETH coins will be modified in two stages:
1. Move from PoW to POS, and then from POS to PoS
2. ETH2.0 pledge rewards will be activated on the main network (around November 12, 2020) After the ETH3.0 beacon chain upgrade is completed, it will enter the second branch, which is the transition from the Pow consensus mechanism to POS According to eth.org data, the total amount of Ethereum network pledges has exceeded 4 million. After converting ETH to POS, investors can lock their holdings of ETH for over a year to calculate the yield According to the introduction, ETH2.0 sharding technology is one of the most core technologies in blockchain, aiming to solve trust problems without sacrificing decentralization and security, allowing users to easily use their encrypted assets as payment methods; There are two important characteristics in the PoS mechanism: one is the Proof of Work algorithm, and the other is the Proof of Rights consensus mechanism Previously, it was reported that ETH will conduct its initial public offering (IPO) on April 15th.
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