How Ethereum’s merge could transform crypto

A MONUMENTAL shift is about to take place in the crypto world. One of the most important blockchain projects, Ethereum, is set to change the way it secures its network—from the energy-intensive “proof-of-work” system.

Known as “the merge”, the switch could slash Ethereum’s energy consumption by over 99 percent. The Economist’s Stevie Hertz investigates why the “proof-of-work” system of mining currencies like bitcoin is so bad for the environment, and Alice Fulwood and Ludwig Siegele analyse how Ethereum’s merge will changeFor full access to The Economist’s print, digital and audio editions subscribe at

alokjha alice_fulwood EconoScribe steviehertz All the best to Ethereum project, but Cardano is working on Proof of Stake since two years and is really working! Eth has still some problem to fix. Do not believe me, do your own research...

steviehertz Proof of Work isn't so energy intensive when it is utilized properly as in BSV, it so happens BSV is the most green blockchain on the planet, get the facts Economist (Economitricks Author)

steviehertz It is a Ponzi It will collapse. Get out now.

steviehertz Eth is now an illegal security:

steviehertz Scaling enable IPv6 integration also:

steviehertz to learn how the original Bitcoin scales to create utility and make it the only Green Enterprise proof of work platform in the world.

steviehertz

steviehertz wrong on two levels...first Eth is now a security, but it also still can not scale and is not green meaning its still garbage. But also BTC is not Bitcoin. Original Bitcoin protocol scales and is Green. You guys need to do more research. start here:

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steviehertz bitcoin mining generates zero emissions, it's already green just like an electric vehicle

steviehertz Who cares about the energy consumption. Get over it

steviehertz 👌

alokjha alice_fulwood EconoScribe steviehertz The merge, the lightning network, chain interoperability all to disguise the fact that cryptocurrency would be laughed off as a second rate scam if it wasn't for complicit governments.

alokjha alice_fulwood EconoScribe steviehertz ‘Known as “the merge”, the switch could slash Ethereum’s energy consumption by over 99 percent.’ What’s the source of this number?

alokjha alice_fulwood EconoScribe steviehertz Regulation would transform crypto.

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A Top Ethereum Developer on the Merge's Risks and RewardsJustin Drake, one of Ethereum's lead developers, discusses inevitable bugs and the network becoming 'World War III-grade resistant.'
Source: TIME - 🏆 93. / 53 Read more »

Even Google is counting down the hours to the end of ethereum GPU miningThe countdown to The Merge has begun. This is a sad setback in human freedom. The winners here will only be central bankers and leftist government forces. Finding a new GPU for gaming should be much easier now.
Source: pcgamer - 🏆 38. / 67 Read more »