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Benzinga
Benzinga
Business
Samyuktha Sriram

MIT Names Ethereum PoS 'Top Technological Breakthrough' In 2022

The Massachusetts Institute of Technology has named Ethereum’s (CRYPTO: ETH) upcoming transition to a proof-of-stake blockchain to its list of top technological breakthroughs for 2022.

What Happened: In a report published on its technology review website, MIT explained how a proof-of-stake consensus mechanism is a way to secure digital currency and end the energy consumption woes that plague the crypto industry.

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