3:10:42 AM PDT - Friday, September 30th, 2022

Now that the Ethereum Merge is behind us, what’s next?  

By Editor - Thu Sep 15, 1:49 pm

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Ethereum has successfully completed its highly anticipated shift from proof-of-work (PoW) into proof-of-stake (PoS) in a process known as the Merge. The plan was years in the making and has undergone a seemingly endless series of tests and tinkering. It finally happened after being one of the most anticipated and talked-about events in the crypto world this year. But now the event has passed, with Ethereum appearing to clear the technical hurdles presented by the transition. “Ethereum has a chance now to be a productive, aligned, forward-looking technology compared to one that was rooted in high energy consumption and below par from a transaction or cost perspective,” Sean Ford, interim CEO of blockchain Algorand (which is also PoS), said to TechCrunch. “I’m optimistic about the industry’s chances.” Although the Merge was a huge feat, there are plenty more upgrades planned for the Ethereum blockchain down the road. In July, Vitalik Buterin, co-founder of Ethereum, said the network will undergo further updates that rhyme with the Merge — Surge, Verge, Purge and Splurge. “One of the beauties of the Merge that we see is Ethereum has a long technical road map, but it’ll never be complete,” Steven Goldfeder, co-founder and CEO of Offchain Labs (the developer of layer-2 rollup Arbitrum), said to TechCrunch

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Now that the Ethereum Merge is behind us, what’s next?

  • Comments Off on Now that the Ethereum Merge is behind us, what’s next?

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