What is Ethereum staking & how does it work?

Staking, which involves locking away a certain amount of cryptocurrency to participate in the transaction verification process, replaced mining to verify Ethereum transactions. Ethereum 2.0 reduced the crypto’s carbon footprint by up to 99.9%. It’s a common misconception among people new to the Ethereum network.

What is Ethereum proof-of-stake?

Ethereum’s transition to the proof-of-stake protocol, which enables users to validate transactions and mint new ETH based on their ether holdings, is part of a significant upgrade to the Ethereum platform. Previously called Eth2, this upgrade is now referred to only as Ethereum.

Who can use Ethereum?

Anyone can interact with Ethereum network or build applications on it. This allows you to control your own assets and identity, instead of them being controlled by a few mega-corporations. Ethereum allows you to coordinate, make agreements or transfer digital assets directly with other people. You don't need to rely on intermediaries.

Will Ethereum's $150-million blockchain-powered Fund Open as researchers call for a halt?

"Ethereum's $150-Million Blockchain-Powered Fund Opens Just as Researchers Call For a Halt". IEEE Spectrum. Institute of Electrical and Electronics Engineers. Archived from the original on 30 May 2016.