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Ethereum's Merge switched the blockchain from Proof of Work to Proof of Stake. While it addressed some of the old problems, it created a new set to deal with.

Looking Into Ethereum’s Merge And How KIRA Circumvents PoS’s Biggest Weakness | HackerNoon

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Our CEO @milanavalmont discusses the differences between PoW and PoS systems in the context of the Ethereum Merge. 

Crucially, she highlights the weaknesses that remain in a PoS system, namely that the system favors early adopters who may have gotten a big bag of native tokens for cheap, and  being dependent on a “stake-as-trust” system could have protocol-breaking implications in a cross-chain ecosystem. She then explains how KIRA's innovative Multi-Bonded-Proof-of-Stake solves such issues. 

Check out the full article below👇: https://hackernoon.com/looking-into-ethereums-merge-and-how-kira-circumvents-poss-biggest-weakness