EIP-7002: A Better Way To Stake On Ethereum | HackerNoon
Ethereum’s transition from Proof of Work (Pow) to Proof of Stake (PoS), a.k.a., The Merge, was a key moment in the network’s history. Besides giving Ethereum a much-needed rebrand by reducing its carbon footprint, Proof of Stake was crucial to a key long-term goal: reducing the barrier to participating in Ethereum’s consensus. The Merge replaced computational resources (mining power) with financial capital as the basis of Ethereum’s economic security—opening up the opportunity for anyone to