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There were two big developments in the world of crypto this week, one that showed off the best of what a group of smart, committed enthusiasts can achieve, and one that reminded the world of the crypto community’s seamier side. Let’s dive right in.
The Merge: The fundamental overhaul of Ethereum – the world’s second-most popular blockchain and the driving force behind Web3 – finally took place this week. The Merge, as it has been dubbed, moved Ethereum to a vastly more energy-efficient and scalable system of validating transactions.
We explained the Merge in detail last month, but briefly, it was a software upgrade that ended the Ethereum network’s reliance on the energy-intensive process of cryptocurrency mining, cutting its electricity requirements by 99.95%.
The transition, though completed successfully in the end, was far from a foregone conclusion because of its...
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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...