No good deed goes unpunished.
Experts are calling it the "biggest event in crypto since the creation of bitcoin and Ethereum."Experts are calling it the "biggest event in crypto since the creation of bitcoin and Ethereum."," switching from a proof-of-work to proof-of-stake system, a change that has allowed it to become substantially more environmentally friendly.
It's a pivotal moment in the history of the tech, with experts hailing it as the "biggest event in crypto since the creation of bitcoin and Ethereum," as Jon Charbonneau, a researcher at crypto research firm Delphi Digital,The price of ether, however, isn't looking too hot following the merger.
But they were clearly getting ready for a rough ride in the days leading up to the Merge. A full $1.2 billion worth of ether was moved to centralized cryptocurrency exchanges days prior,On the upside, Ethereum's energy requirements are now a fraction of what they once where, with electricity use dropping by a dramatic 99.988 percent,. That means its carbon footprint has now shrunk by 99.992 percent as well.
That'd be a massive windfall for the environment, considering Ethereum mining operations were estimated to be using
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ether and related Ethereum tokens pull back following Merge price bumpWith The Merge complete, tokens adjacent to Ethereum or in the ecosystem have seen significant gains.
Read more »
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 Following Completion of The Merge – Market Updates Bitcoin NewsEthereum fell below $1,600 on Thursday, despite the successful completion of the highly anticipated 'Merge.'
Read more »
Ethereum Merge is less than one day away - here are 5 things you should knowEthereum's 'Merge' is anticipated to lower the blockchain’s carbon footprint, reduce ether supply and potentially have a profound impact on the whole crypto ecosystem.
Read more »
Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum MergeMARKET WRAP: In the final hours before the Ethereum blockchain Merge, ether was flat. Investors will be watching whether the transition from a proof-of-work to proof-of-stake protocol succeeds. GWilliamsJr_CMT and _jocelynyang_ report
Read more »
The 'merge' has arrived — Wednesday is your last chance to buy ether before historic makeoverThe ethereum blockchain is finally rolling out a years-in-the-making, systemwide upgrade this week.
Read more »