Ethereum’s biggest upgrade in its history just went live.
"There are changes to the security guarantees of the chain," said Sean Anderson of Sigma Prime.
Anderson says that it is much easier to recover from a 51% attack on a proof-of-stake network, because there are built-in mechanisms to financially punish malicious actors by reducing their stake. "If everything goes perfectly, then like an end user wouldn't notice a difference," said Anderson."If anyone who's trying to transact on ethereum doesn't realize it, then it was smooth."
Scalability, in particular, is something that Ryan says is desperately needed for the network going forward.
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