Yǐtàifāng hébìng hòu gǎi yòng le quányì zhèngmíng jīzhì.
After the Merge, Ethereum switched to proof-of-stake.
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Launched in 2015 by Vitalik Buterin (Chinese nickname 'V 神'). Native token 以太币 (ETH). The name is a transliteration where 以太 = 'ether' (the old physics medium) and 坊 = 'workshop/ward'.