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Ethereum as a PoS Protocol: What It Means for the Virtue Alliance Platform
Virtue Alliance, a multi-purpose Web3.0 infrastructure service provider, is pleased to announce support for our hosted games, which have pledged to support the new Ethereum model. On September 15, the Ethereum protocol made the much-anticipated transition from the Proof-of-Work (PoW) consensus model to the Proof-of-Stake (PoS) model, introducing a more scalable and relatively efficient protocol.
As the largest blockchain protocol for smart contracts in the world, the transition to PoS signals great omen for the chain as well as the platform hosted on it. While scalability is a key capability introduced with Merge, the fact that Ethereum is now 99.95% more energy efficient than its PoW version has added more credibility to its tag as the next generation blockchain network. .
Considering the transition, some games hosted on our platform that are built on the Ethereum protocol, including Axi Infinity and The Sandbox, have announced support for the merger. This is a welcome development as we at Virtue Alliance believe that protocols should be built for environmental sustainability.
Our hosted games are now embracing Ethereum POS, we are committed to supporting their transition, and giving players access to the Virtue Alliance platform to interact with these games as they access their base blockchain network. pledge to be consistent with the stability of
The evolving digital currency ecosystem, and by extension, the wider Web3.0 ecosystem, is a no-brainer. While we continue to adhere to strict interoperability principles, we are also flexible in accommodating the development of any protocols we associate with. The Virtue Alliance encourages sustainability development, especially those focused on benefiting our users.
While we understand that more upgrades are in the works to fully aid Ethereum’s transition to the PoS consensus model, we will provide the necessary support and perks to the protocol, which we will partner with in the near future based on current provisions. intend to do.
About Virtue Coalition
Virtue Alliance The P2E Gaming Guild, a Web3.0 infrastructure services provider, with a special focus on on- and off-ramp payments, and other innovative solutions to foster rapid adoption of blockchain technology. Founded in 2021, Virtue Alliance currently hosts 7 games, including Axie Infinity and The Sandbox, and has a vibrant and growing community. The platform is backed by some of the biggest investors in the industry, and with the functional capabilities of its DAO, it hopes to become the gateway for the next billion users to join the world of Web3.0.
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Ethereum as a PoS Protocol: What It Means for the Virtue Alliance Platform
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