The world's second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain technology to curb the network's much-criticised environmental impact.
The world's second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain technology to curb the network's much-criticised environmental impact.
Ethereum, whose digital unit ether tumbled in a crypto crash earlier this year, will in September undergo a major technical revolution.
So what is the backdrop for the looming reset -- known as the Merge -- and how will it calm prices and cut electricity usage?
- Why does crypto use so much energy? -
Bitcoin, ethereum and other such currencies are "mined" by solving complex puzzles using powerful computers that consume enormous amounts of energy in vast warehouses, often near cheap electricity sources.
A blockchain is the decentralised and secure ledger for recording those transactions, which occur when encrypted codes are passed across a...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...