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Ethereum’s Successful Overhaul Sends Developers Scrambling for Another Fix
One year after one of the most talked about software upgrades since the Y2K changeover more than two decades ago, crypto’s most important commercial highway risks becoming a victim of its own success. The revamp of the Ethereum network, which was known as the Merge, turned out to be a seamless transition to a more energy-efficient system of ordering transactions on the blockchain. One of the incentives offered to participants is the ability to earn a yield on tokens used to help the network run. Surging demand for the so-called staking feature has now raised the prospect of the network bogging itself down. As part ... (full story)