• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Cryptos

Ethereum Merge, a game changer or Mirage?

Olumide Adesina by Olumide Adesina
September 15, 2022
in Cryptos
Ethereum,Ethereum Whales Cumulative Holdings Touch 10 Months High, ETH Passes $220, Ethereum wallets holding at least 0.1 ETH just crossed the 3 million mark for the first time
Share on FacebookShare on TwitterShare on Linkedin

With the switch to proof-of-stake, Ethereum, the second-largest cryptocurrency, has reduced its energy requirements. For the typical Ethereum user, the move, which has been in the works since 2016, won’t change anything.

On September 6th, the Bellatrix upgrade was turned on, and the transition started. After the Terminal Total Difficulty block was mined, which precipitated the Paris upgrade, it is now finished. Now that the technological aspect is complete, we can watch what happens.

There is a chance of problems, hacks, and price instability in the upcoming hours and days.

RelatedStories

Bitcoin, Silver

Bitcoin holds at $94K as market sentiment remains bullish 

April 25, 2025
Bitcoin whales takes full advantage of price dip, acquires 71,000 BTC in one week 

Bitcoin dips below $75k amid trade war turmoil 

April 7, 2025

Additionally, there is a chance of forks, which occur when miners on different chains produce numerous versions of Ether, causing confusion and creating an inviting climate for fraud.

A proof-of-work system was used by Ethereum prior to the Merge, in which computers from around the globe competed to solve problems in order to add new blocks to the chain.

All of these miners were fighting with each other to solve the riddle at the same time, wasting a lot of energy as only one could succeed.

On the other hand, proof of stake has validators who have pledged their Ethereum as security.

The Ethereum Foundation estimates that the changeover will result in a 99.9% reduction in energy expenditures

Since 2017, the Merge has been postponed numerous times, prompting jokes that it is vaporware.

Nevertheless, a number of analysts claim that the majority of the business plans to proceed despite minor problems that may be quickly fixed by developers after the Merge

The Ethereum Foundation’s $1 million bug bounty program is one illustration of how seriously this initiative is being taken.


Follow us for Breaking News and Market Intelligence.
Tags: EthereumThe Merge
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

Bitcoin, Silver
Cryptos

Bitcoin holds at $94K as market sentiment remains bullish 

April 25, 2025
Bitcoin whales takes full advantage of price dip, acquires 71,000 BTC in one week 
Cryptos

Bitcoin dips below $75k amid trade war turmoil 

April 7, 2025
Crypto trading volume declined by 21.8% in June marking third month of decline
Cryptos

Crypto Weekly Roundup: Global market sheds $200 billion amid security breach 

February 23, 2025
Crypto trading volume declined by 21.8% in June marking third month of decline
Cryptos

Crypto market dips as trading volume drops by 2.83% to $61.3 billion 

February 17, 2025
Bitcoin,Ethereum, Dogecoin , Altcoin
Cryptos

Bitcoin and Ethereum options worth over $3 billion set to expire today

February 7, 2025
Wooden Snake will help Ethereum reach the 5,000 USD watermark in 2025 
Companies

Wooden Snake will help Ethereum reach the 5,000 USD watermark in 2025 

January 29, 2025
Next Post
What Tinubu, Atiku, Obi are saying on June 12

2023 Presidential election: Poll shows Peter Obi clearly in the lead, with Tinubu, Atiku behind

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Customs intercepts N3.6 billion worth of donkey skin meant for illegal export in Owerri 
  • DMO allots N100 billion in June bond auction amid strong investor demand 
  • Lagos launches digital house numbering to tackle tax evasion, others 

Follow us on social media:

Recent News

Customs intercepts N3.6 billion worth of donkey skin meant for illegal export in Owerri 

Customs intercepts N3.6 billion worth of donkey skin meant for illegal export in Owerri 

June 24, 2025
FGN Bonds, bond, DMO set to auction N150 billion in FGN Bonds to investors , FGN Bond for February 2020 oversubscribed by investors, DMO suspends April 2020 FGN savings bond offer

DMO allots N100 billion in June bond auction amid strong investor demand 

June 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics