Wednesday, December 6

Ethereum, the blockchain behind ether (ETH), the second-largest cryptocurrency by market cap, and worth almost $200 billion, will attempt to do what no major blockchain has ever done – switch consensus mechanisms (how computers agree on the state of a network) from proof-of-work to proof-of-stake. What impact will this transition, referred to as “the Merge,” have on the dominant cryptocurrency, bitcoin (BTC)?


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