What is the Ethereum Shanghai Upgrade (EIP 4895)? The major upgrade in September enabled Ethereum’s Beacon chain to update from Proof of Work consensus to Proof of Stake mechanism. It means the governance mechanism has switched from a resource-intensive method to an eco-friendly mechanism. Now Ethereum’s mainnet relies on validators and not on ETH miners. …
Source: https://www.cryptonewsz.com/ethereum-shanghai-upgrade-is-it-a-turning-point-for-eth/