Challenges with the cryptocurrencies Current Affairs, GK & News
Ethereum – the world’s second largest blockchain – has transitioned from the legacy “proof-of-work” to a “proof-of-stake” consensus mechanism. Key facts The Ethereum Merge is an upgrade that changes how new crypto transactions take place on the blockchain. The Ethereum Merge is the joining of the Ethereum’s proof-of-stake (PoS) Beacon Chain with the Ethereum Mainnet. ..
The International Monetary Funds (IMF) has released its report called “Global Financial Stability Report”, highlighting how digital currency assets brings in financial stability challenges. Key findings of report In its report, IMF notes that rapid growing crypto ecosystem presents new opportunities to the world. However, this digital currency assets also pose several financial stability challenges. ..
Category: Economy & Banking Current Affairs - 2022