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Thursday, July 10, 2025

Ethereum's Merge is Coming and the Stakes Couldn't Be Higher - Decrypt

Crypto holders can't wait to see the end of May, a month that has brought nothing but losses. And while it's too soon to say whether the worst is over—Bitcoin is below $30,000 right now and could go lower—it feels like the industry will come through the downturn just fine. So long as the Ethereum merge goes off okay, that is.
If you've been living under a crypto rock, "The Merge" refers to the long-awaited upgrade to the Ethereum blockchain that will see the No. 2 cryptocurrency switch to a proof-of-stake model, a change that should eliminate concerns about Ethereum's environmental impact and dramatically improve its transaction speed.
The Merge is the latest name (the previous one was Ethereum 2.0) for a process that has been underway for years, and has been delayed more times than you can count. But leading authorities on Ethereum, including co-founder Vitalik Buterin, are now saying the event will go down in August when the Beacon chain (a parallel Ethereum blockchain that is...



Read Full Story: https://decrypt.co/101532/ethereum-merge-eth-2

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