99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction

99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction

The transaction was made by its Lighthouse client using only Proof of Stake validators, it stated in a March 25 tweet. It added that this was a step towards a 99.98% drop in Ethereum energy consumption, deriving that figure from calculations that compare the current Proof of Work Eth1 with the much more efficient Proof of Stake Eth2.

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