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OpenSea chooses Ethereum Proof-of-Stake (PoS) following Merge
3 months ago 2 mins read

OpenSea chooses Ethereum Proof-of-Stake (PoS) following Merge

Although the NFT marketplace giant will not support Ethereum forks, OpenSea competitors may. Once the network’s highly anticipated upgrade—the Merge—is completed, OpenSea will support the proof-of-stake Ethereum chain. The Ethereum Merge will convert the blockchain’s current proof-of-work consensus to a more environmentally friendly, 99.9% more energy-efficient version. The event, which is expected to take place on or around September 15, has prompted many crypto platforms to prepare for the change. OpenSea said in a Twitter thread on Thursday, “First, and most importantly, we are committed to solely supporting NFTs on the upgraded Ethereum PoS chain.” It also mentioned potential Ethereum