Ethereum’s massive software upgrade just went live — here’s what it does

Ethereum’s massive software upgrade just went live — here’s what it does

Ethereum’s biggest-ever upgrade just took effect, in what industry experts are calling a game changer for the entire crypto sector. Thus far, all signs suggest the so-called merge — which is designed to cut the cryptocurrency’s energy consumption by more than 99% — was a success.

The very first proof-of-stake block of transactions has finalized with a nearly 100% client participation rate. This was, by far, the best-case scenario.

The overhaul to the ethereum network fundamentally alters…


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