Intermediate Blockchain & Web3
Q60 / 100

What is the purpose of "The Merge" event for Ethereum?

Correct! Well done.

Incorrect.

The correct answer is A) It transitioned Ethereum's consensus mechanism from Proof of Work to Proof of Stake, significantly reducing energy consumption

A

Correct Answer

It transitioned Ethereum's consensus mechanism from Proof of Work to Proof of Stake, significantly reducing energy consumption

Explanation

The Merge (2022) replaced Ethereum's energy-intensive Proof of Work mining with Proof of Stake validation, reducing energy use by over 99% while preserving existing contract state.

Progress
60/100