The address which minted this POAP participated in the KZG Summoning Ceremony: a publicly coordinated ritual to produce a random output. This output will be used in Proto-Danksharding, aka EIP 4844: an Ethereum scaling mechanism which will hopefully enable lower Layer 2 fees and greater global accessibility. EIP-4844 is expected to go live with the Dencun network upgrade in the near future. As of the time of writing, this ceremony was the largest setup of this kind when considering the number of contributions.

To thank you for supporting us, this is our welcome NFT to you as a new Gecko!

Topics for this week: -Product updates -Round table with Crew3 & Layer3 -AMA Thank you for participating!

The Ethereum Mainnet merged with the Beacon Chain proof-of-stake network on September 15, 2022. This marks the end of proof-of-work for Ethereum and a full transition to proof-of-stake. This historic upgrade is projected to reduce the Ethereum network's energy consumption by over 99% and sets the stage for future upgrades to further scale the Ethereum network. Holders of this POAP were there to witness the Ethereum Mainnet Merge with the rest of the community and signaled their support to the core developers of this enormous undertaking by sending roughly $10 of ETH to the Protocol DAO, directly funding protocol contributors. Special thanks to all of the client teams, researchers and core developers of the Ethereum Protocol, and to community leaders The Daily Gwei, Bankless, Ethereum Cat Herders, The Ethereum Foundation and EthStaker for their support in preparing the world for this moment. -https://thedailygwei.substack.com/ -https://newsletter.banklesshq.com/ -https://www.ethereumcatherders.com/ -https://ethereum.org/en/ -https://ethstaker.cc/

The Ethereum Mainnet Merge is here! Holders of this POAP made a small donation to Protocol Guild to secure their right to participate in the POAP.art Ethereum Mainnet Merge Canvas