Tag: the merge

Ethereum Faces ‘Blockchain Trilemma’ When ‘Merge’ Mania Cools
Technology

Ethereum Faces ‘Blockchain Trilemma’ When ‘Merge’ Mania Cools

[ad_1] After much celebration over the successful transition of Ethereum, the question remains what’s next for the most commercially-significant crypto project. After much celebration over the successful transition of Ethereum, the question remains what's next for the most commercially-significant crypto project. The long-awaited software revision, termed the Merge, shifted the blockchain from a so-called proof-of-work system to a more energy efficient proof-of-stake method for securing the network. There was no changes related to network transaction costs or speed, which are common gripes among Ethereum users.Completing the upgrade without any software downtime is a brilliant engineering feat, said Harsh Rajat, the Mumbai-ba...