🚀 Ethereum successfully switched from Proof-of-Work (PoW) to Proof-of-Stake (PoS) in September 2022, marking a major step forward in the blockchain industry. The change reduced energy consumption by 99.95%, making Ethereum more environmentally friendly and attractive to environmentally conscious investors.

🔒 PoS also introduced a new way to secure the network by requiring validators to stake their ETH. This increases security and supports decentralization, despite concerns about potential centralization among large validators. The move paves the way for further innovations such as “sharding” to increase scalability and dApp adoption.