Mainstream outlets are starting to pick up on the significance of next week’s Ethereum Merge, describing it as a “major overhaul” that could either accelerate crypto adoption or send disastrous shockwaves across the market should it fail.
The Merge has been in the making since the original Ethereum white paper and involves moving from an electricity-intensive proof-of-work (PoW) consensus mechanism to an efficient proof-of-stake (PoS) without any significant disruptions to the blockchain.
American business publication Forbes called the no-downtime upgrade akin to “[changing] the engine of a spaceship mid-flight,” and Swan Bitcoin CEO Cory Klippsten made a similar comment to the Wall Street Journal, stating the upgrade is like “trying to fix an airplane in mid-flight.”
Some outlets stressed the upgrade could be fraught with risk, sharing concerns that one wrong move could “prove disastrous” for the future of the network and the decentralized applications (DApps) on the Ethereum...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
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...