Why Ethereum’s “Merge” Delay Is Terrible News

As the competition between blockchains for developers and users picks up, investors have to decide which cryptocurrency is a likely winner in the future. Ethereum ( ETH -0.93% ) has long had a big lead as a utility blockchain with smart contracts and non-fungible tokens (NFT), but it’s struggled with scaling transactions and extremely high costs. 

This week a major figure in Ethereum development said that an anticipated “merge” that would bring Ethereum from costly…


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