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What is the Ethereum merge and how could it make crypto greener?


Ethereum is preparing for an upgrade that’s been described as “the single most important event in crypto history.” The transition would overhaul the infrastructure of the world’s second-largest blockchain. Analysts predict the changes could cut the network’s energy costs by 99% and push the price of Ether, but the plans have been beset by delays. Here’s everything you need to know about the long-awaited “merge.” What is the Ethereum merge? The merge aims to make the Ethereum blockchain more efficient by switching from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS) system. PoW, which was pioneered by Bitcoin, is secured…

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