While the failed crypto exchange FTX has heightened uncertainty over this asset class, another potentially seismic
event for the industry took place recently when the Ethereum blockchain merged with another blockchain (Beacon Chain). “The Merge” saw Ethereum switch its verification system from the established proof-of-work (PoW) protocol to a proof-of-stake (PoS) approach, with major implications for sustainability, scalability, and other factors relatedto blockchains.
What's Covered?
- Defining blockchain
- Proof-of-work versus proof-of-stake
- Implications for Ethereum
- The Merge and scalability
- Ethereum fees and transaction speeds
