OpenSea won’t support Proof-of-Work (PoW) NFTs after ‘The Merge’

OpenSea won’t support Proof-of-Work (PoW) NFTs after ‘The Merge’

Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is hitting the NFT industry hard. OpenSea, the world’s largest marketplace has announced that it won’t support any PoW-based NFTs. The upgrade ‘The Merge’ is all set to change the working of the blockchain, to make the Ethereum blockchain less energy intensive. It will take place on […]

Continue Reading