Ethereum’s transition to proof of stake presents opportunities and pitfalls for certain digital assets and tokens built on the network.

By Jenny Cieplak, Ghaith Mahmood, Yvette D. Valdez, Stephen P. Wink, Adam Fovent, and Justin Tzeng

After years of development, the Ethereum blockchain appears poised to make its much-anticipated transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) model. This change has been described as one of the most significant upgrades in the