Is Dogecoin Preparing for PoS Like Ethereum?

According to the Canadian developer, doecoin and Zcash should indeed emulate Ethereum and also move to a Proof-of-Stake or Proof-of-Stake (PoS)-based validation system.

After the successful transition of Ethereum to Proof of Stake, Vitalik Buterin believes that other cryptocurrencies should follow suit.

It was during the 2022 edition of the Messari Mainnet in which he spoke that the founder of Ethereum made this statement. ” I anticipate that as proof of stake evolves, its credibility will only grow over time. “, he added.

As a reminder, the proof of stake allows, in particular, to put an end to one of the criticisms that most arise when it comes to cryptocurrencies: thecarbon footprint. The validation of the blocks by a reduced number of people allows to reduce the energy consumption of the network by 99.95%, according to the Ethereum foundation.

Ethereum Post-Merge, what to expect?

The success of The Merge did not have the expected impact on the price of Ether, the network’s native cryptocurrency. Instead of rising as analysts expected, ETH has crashed and is trading at $1324 at the time of writing. The token price rally could be a deciding factor encouraging Dogecoin and zcash also initiate a process of transition from work test a proof of stake.

Whether you have a few Ether fractions in your portfolio or have the profile of a whale, an overview of the options available to you to take advantage of Ethereum #stake returns #EthereumMerge $ETH

Surge, the next big upgrade of Ethereum is expected in the next year and it is expected to happen in small steps, unlike the big transition that took place on September 15, when the fusion.

read also Here’s Why Bitcoin Price Will Rise Very Soon, BTC Traders Expect Price Above $45,000 This April 11th!

According to Trading Beasts, ETH it could cross the $1500 mark by the end of 2022. The high price could be around $1,667,535 and the low price could be around $1,133,924.

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