
Adobe's Figma Acquisition and the Ethereum Merge
Bloomberg Tech
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Ethereum W Tokens - Proof of Work
With proof of work, in order to be able to support the computational puzzle solving, you have to create these giant rigs of servers that are going to solve these computatioally hard problems. So all these companies that put enormous amounts of money and investment into creating these mining rigs suddenly find themselves as useless in the new proof of stake world for etherium. There has been a consortion with these miners, thant have banded together to a fishle create a copy of the etherium mannet,. ought to create their own proof of work and a classic version of etherium and try to keep that going. Now i agree with you that it sort of undermines the whole purpose here, which
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