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The Long Trade
The next few months are critical for Ethereum

The next few months are critical for Ethereum

What is the Merge and will it really happen and will that move the price?

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Daniel McKeown
Aug 27, 2022
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The Long Trade
The Long Trade
The next few months are critical for Ethereum
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Ethereum, the second largest cryptocurrency by market capitalization, is undergoing a major network upgrade next month if they stay on schedule. The much delayed “Merge” will move Ethereum from primarily using “proof-of-work” for verification to “proof-of-stake.”

On a technical level, proof of work (the model pioneered by Bitcoin and originally adopted b…

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