IPFS News Link • Ethereum Platform
Ethereum's 'Merge' Will Happen Tonight
• https://www.zerohedge.com by Tyler DurdenBased on the latest countdown, Ethereum users expect the massive network upgrade to begin around 10pm PST, with the second-largest crypto is set to shift to a more environmentally friendly model that may help attract investors who opine that bitcoin's model uses too much electricity.
The Ethereum blockchain will transition away from its energy-intensive consensus mechanism Proof-of-Work as its execution layer merges with the new Proof-od-Stake consensus layer known as the Beacon Chain.
The so-called 'Merge' is like upgrading a rocket ship after its launch: "It is an epic engineering feat."