Cryptocurrency
What is the Ethereum merge and how does it affect you?
By Beansprout  •  September 14, 2022
Ethereum’s merge is expected to happen on 15 September (Thursday). Through the so-called merge, Ethereum will switch from a proof-of-work to a proof-of-stake blockchain. TL;DR
  • Ethereum’s merge is expected to happen on 15 September (Thursday), according to the Ethereum Foundation
  • Through the so-called merge, Ethereum will switch from a proof-of-work to a proof-of-stake blockchain.
  • This could help to improve energy efficiency and thereby resolve high traffic and transaction fees.
  • If successful, some analysts expect that the merge may encourage broader adoption of Ethereum amongst institutional investors. However, there remains risks various risks including transaction safety.
What happened?  You might have heard a lot about Ethereum merge or what was previously known as Ethereum 2.0. Some have called the merge the most important crypto event since the creation of ether and bitcoin. Here’s why everyone in the crypto space is looking out closely for this event and why it matters. What you need to know about the Ethereum merge...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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