The Merge: Live coverage of Ethereum’s major upgrade
More on The Merge
- Everything you need to know about Ethereum’s big upgrade
- Anthony Sassano explains why Ethereum’s ‘final boss’ is still the nation state
- How will Ethereum’s tokenomics change after the merge?
- After The Merge, NFTs will now be environmentally friendly
- What will Ethereum miners switch to mining after The Merge?
- Ethereum is grappling with the risk of censorship after The Merge
- Ethereum’s cat herder: Hudson Jameson reflects on the journey to The Merge
Update: 9:00 am UTC, Sept. 14
Ethereum co-founder Joseph Lubin told Bloomberg TV The Merge is the third major event in the history of crypto after the advent of Bitcoin and the development of Ethereum.
“It’ll be as smooth as if your iPhone or your laptop has upgraded its operating system automatically overnight,” Lubin told Bloomberg.
Update: 8:55 am UTC, Sept. 14
CoinGecko co-founder Bobby Ong weighs in on the impact of The Merge on proof of stake more broadly.
“Ethereum moving from Proof of Work to Proof of Stake certainly validates the thesis that Proof of Stake blockchains will be the more sustainable method to validate blockchains moving forward. This is a good move as it makes Ethereum more environmentally-friendly and will remove a lot of concerns that users had on its environmental impact due to mining,” he told The Block.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Go to Source
Author: Adam Morgan McCarthy
