Ethereum completes the 'merge' that will make its crypto transactions greener
The Merge got its name because the Ethereum blockchain has combined with a parallel network that's now been running for almost two years in a proof-of-stake test, but it's just one step in the transformation."We still have to scale, we have to fix privacy. To me the Merge symbolizes the difference between an early stage Ethereum and the Ethereum we’ve always wanted," said Buterin during a livestreamed Merge party.
Ether started the day going up, but has since dropped a few percent from yesterday. It remains to be seen if the the Merge will live up to its promise of transforming crypto, as there are still a lot of questions around regulation, Ethereum forks and more. There's also the risk of scams , with the risk of transactions from the old chain beingAll products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest BlockchainThe historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits.
Read more »
Ethereum activates The Merge as it shifts to proof of stakeThe Merge has officially been triggered, marking Ethereum’s transition from proof of work to proof of stake.
Read more »
Vitalik Buterin says Ethereum merge has completedThe so-called merge of Ethereum has completed, setting the stage for the cryptocurrency to be less harmful to the environment.
Read more »
BREAKING: Ethereum Merge is Complete — Blockchain Now Running on Proof-of-Stake | CoinMarketCap🔥BREAKING: wen merge? Now! Ethereum has officially moved to a Proof-of-Stake blockchain — making miners obsolete and slashing energy consumption by 99.5%.
Read more »
Ethereum Price Flat on Merge Day, Bitcoin Struggles Around $20K (Market Watch)Ethereum Classic jumped more than ETH in the past few hours after the Merge was finally completed.
Read more »
CME Group Launches Ethereum Options Ahead of MergeLeading derivatives marketplace CME Group is launching ether (ETH) options amid surging demand for ETH derivatives ahead of the Ethereum Merge. Tim McCourt, global head of equity and FX products at CME Group, shares his insights following the first block trade.
Read more »