What Ethereum's 'Merge' Means for You, the Market, and the Climate
by Rodrigo Sermeño, Ellen Kennedy
Sep 16, 2022
3 minutes
Ethereum, the world’s second-most valuable digital currency by market capitalization, completed a long-awaited upgrade to its system on September 15.
The move, known in the cryptocurrency community as “The Merge”, is expected to slash energy costs and lay the groundwork for more use of crypto technology in mainstream applications, including finance.
The upgrade was one of the most eagerly anticipated events in crypto’s history. But the process is complicated. Here’s what to know about it.
What is Ethereum?
Ethereum is a blockchain – a publicly-viewable, distributed ledger that verifies, and even other on the Ethereum blockchain.
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