Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen OC_Formula for the clue delivery! CTOnews.com August 25 news, today, the Etay Fong Foundation issued a statement that "after years of efforts, we have finally ushered in the upgrading of the rights and interests proof mechanism of Etay Fang."

Officials say Ethernet Fong is turning to a proof of interest mechanism, and the transition to a consensus mechanism for "The Merge" must first activate Bellatrix upgrades on the beacon chain. After upgrading, the ethernet chain of the workload proof mechanism will transition to the equity proof mechanism after reaching a specific total difficulty value. The Bellatrix upgrade is scheduled to take place at around 19:34:47 on September 6, 2022, around epoch 144896 of the beacon chain.

Officials said that for miners, if mining on the ethernet main network, after the merger, each network will operate entirely on the basis of the PoS interest proof mechanism. At that time, PoW mining can no longer be carried out on the Ethernet Fong network.

For more details, please see the etheric Fong Foundation blog article: click here to go to

CTOnews.com has learned that ethernet Fong is a public blockchain platform and its cryptocurrency is ETH. There is a view that after the transition from PoW to PoS, etheric coins cannot be mined with GPU. At that time, the "mine" is closed, and there may be "mine cards" entering the market.

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