From fa2806dd09b4b28633bfa7b8ec0e40963c6e2b97 Mon Sep 17 00:00:00 2001 From: theo-cox <72795023+theo-cox@users.noreply.github.com> Date: Wed, 14 Dec 2022 16:27:30 +0000 Subject: [PATCH] Update ethereum.md [s]: Updated PoW to PoS --- concepts/ethereum.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/concepts/ethereum.md b/concepts/ethereum.md index a546784..f516dcd 100644 --- a/concepts/ethereum.md +++ b/concepts/ethereum.md @@ -6,7 +6,7 @@ NB: following common usage we are using Ethereum for both the protocol itself, i ## Properties -Ethereum is based on the [consensus algorithm](consensus-algorithm.md) known as Proof of Work [mining](mining.md). +Ethereum is based on the [consensus algorithm](consensus-algorithm.md) known as Proof of Stake (having shifted from Proof of Work in late 2022) Ethereum is not a [currency](currency.md). Ethereum is a protocol and Ether is a protocol token and not a currency.