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The Ethereum Merge: five things traders need to know
The Ethereum Merge is the culmination of years of coordination by the Ethereum Core Developers, client teams and researchers. It effectively reshapes the world’s largest programmable blockchain. It sees the Ethereum network switching from the energy-intensive Proof of Work consensus mechanism to the Proof of Stake mechanism. The Merge will see these two layers merging, ending PoW and transitioning everything to PoS. #1: The Merge will make ETH into a unique asset Ethereum is likely to acquire characteristics that resemble traditional forms of value – e.g. value accrual via cash flows. In the PoS mechanism ... (full story)
