Ethereum merge
The Ethereum merger typically referred to as The Merge refers to the switching of the current Ethereum proof of work algorithm to a new proof of stake consensus algorithm also referred to as the Beacon ChainThe transition will bring an end to the energy-consuming proof of work network and usher in the new proof of stake consensus. Ethereum derivatives data from Glassnode last week suggested that traders may be planning to sell the news once the merge actually takes place in mid-September. Ethereum Unlikely To Merge In June Despite Pow Undergoing In 2022 Cryptocurrency Merge Intraday Trading The Merge is an upgrade to Ethereum that swaps out the current proof-of-work PoW consensus mechanism with a more eco-friendly efficient and secure proof-of-stake PoS consensus mechanism. . The highly anticipated Ethereum merge is right around the corner and even after the many months investors have spent preparing for it suspense in the market is still b...