Ethereum’s Latest Progress Toward Proof-of-Stake

Posted on by American Coins & Gold

Ethereum’s Latest Progress Toward Proof-of-Stake
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.An under-the-radar rendezvous of core Ethereum developers took place in Greece last week, with major progress being made toward the Merge.According to ConsenSys’ Ben Edgington, a Beacon Chain developer, the teams accomplished the transition of a multi-client devnet from proof-of-work to proof-of-stake. Eth1 execution clients and Eth2 consensus clients successfully merged to create a network capable of processing transactions.This news comes shortly after the announcement of Altair’s coming upgrade on Oct. 27. The Altair upgrade…