How Will the Ethereum Merge Affect Bitcoin’s Image?

Ethereum founder Vitalik Buterin said on Tuesday that the Ethereum merge is on target to happen “around” September 13 to September 15. That’s when the world’s second largest cryptocurrency will jettison its energy-intensive proof-of-work consensus mechanism.

How will that shift affect Bitcoin, which still stands alone atop the crypto market and still uses proof of work? 

Shifting sands

The merge is only the latest Ethereum blockchain upgrade aimed at creating a reliable decentralized…


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