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Ethereum's switch to Proof-of-Stake in September 2022 dramatically reduced its energy consumption by approximately 99.9 percent compared to its previous Proof-of-Work system. This technical upgrade, known as The Merge, transformed the network's environmental impact while maintaining security through staked $ETH validators.

Today, #ETH processes blocks roughly every 12 seconds, enabling faster transactions than Bitcoin's 10-minute average, positioning it as a more sustainable foundation for decentralized applications and smart contracts.