This would alter the infrastructure that underlies Ether, the second most valuable cryptocurrency behind Bitcoin, as well as a variety of other blockchains and distributed programmes that link to the network in different ways. There have already been testing and shadow forks to attempt to detect possible difficulties, and a now-completed merging with the last testnet, Goerli, has gone well enough to help narrow down actual live network data.
Bitcoin and Ethereum now depend on proof-of-work methods to conduct secure transactions that allow cryptocurrency trading and other blockchain-based activities. Computers all across the globe link to verify transactions, solving cryptographic challenges in a race to mine blocks and earn precious cryptocurrency for those who run them.
