Ethereum's `Merge' Upgrade Is Complete

Ethereum's `Merge' Upgrade Is Complete

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Ethereum's transition from a proof of work to a proof of stake system, known as the Merge. This change aims to make Ethereum more environmentally friendly and economically efficient by offering a 5% yield and reducing energy costs. The video also covers the complexities of proof of stake, including its deflationary nature and potential vulnerabilities such as regulatory interference and security risks like a 51% attack. Despite these challenges, the large number of validators makes such attacks unlikely.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Ethereum Foundation's structure impact its regulatory environment compared to Bitcoin?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the environmental benefits of Ethereum's transition to proof of stake?

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