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BTC.CM=-131.73 (-0.68%)
ETH.CM=+3.14 (+0.23%)
Ethereum underwent a huge network upgrade called the merge which proponents say will make transactions much more energy efficient. Following the merge, ether prices have dropped following a huge run up ahead of the event.
Jakub Porzycki | Nurphoto | Getty Images
Ether has fallen more than bitcoin since the cryptocurrency’s underlying technology, the Ethereum network, underwent a huge upgrade called the merge.
Ethereum is a blockchain technology that effectively allows developers to build apps on top of it. Ether is the native cryptocurrency that runs on Ethereum.
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The merge is an upgrade to Ethereum that changes the validation mechanism for transactions from a proof-of-work method to proof-of-stake. Proponents say this will make validating transactions on Ethereum much more energy...
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https://www.cnbc.com/2022/09/20/ether-eth-drops-15percent-since-ethereum-merg...
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