ETH no longer Using a PoW Consensus, Dogecoin is officially the Second Largest PoW Blockchain

IndustryTrends

After years of delays and speculation, the Ethereum Merge successfully dropped on Thursday September 15. DOGE is officially the second largest PoW blockchain after Bitcoin.

Bitcoin still remains the leading PoW blockchain with a market cap of $383 billion. After Bitcoin and Dogecoin, Ethereum Classic, Litecoin and Monero are ranked third, fourth and fifth.

With Ethereum (ETH) successfully completing its Merge to proof of stake, a new blockchain has earned the rank of the second-largest proof of work blockchain.

With Ethereum (ETH) successfully completing its Merge to proof of stake, a new blockchain has earned the rank of the second-largest proof of work blockchain.

With Ethereum (ETH) successfully completing its Merge to proof of stake, a new blockchain has earned the rank of the second-largest proof of work blockchain.

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