Ethereum's Merge

News, views and analysis about Ethereum's big switch to proof-of-stake.

Ethereum's Merge

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Ethereum merge (Dall-E/CoinDesk)
Ethereum Merge Explained: What Investors Should Know About the Shift to Proof-of-Stake

A historic overhaul of the second-largest blockchain network is complete, but questions remain. We've got answers.

Ethereum merge (Dall-E/CoinDesk)
CDCROP: Figure It Out cube (Karla Hernandez/Unsplash)
Ethereum PoW Network Sees Complaints on Day 1 Amid Data Goof-Up

Users said they weren't able to access the blockchain's servers using the public information and attempts to link it to a crypto wallet failed.

CDCROP: Figure It Out cube (Karla Hernandez/Unsplash)
stone columns in front of a building
Bernstein: Strong Institutional Adoption of Ether Expected Following the Merge

The new economic model under the Merge combined with token burn could lead to negative token emission during periods of high demand, the report said.

stone columns in front of a building
Ethereum goes greener (Midjourney/CoinDesk)
Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever

Ethereum now spews out less carbon dioxide than a few hundred U.S. households, according to a report.

Ethereum goes greener (Midjourney/CoinDesk)
(Sandali Handagama/CoinDesk)
Ethereum PoW Is Not an Ethereum Competitor

Will proof-of-work blockchains benefit from the Merge, beyond short-term speculation?

(Sandali Handagama/CoinDesk)
CDCROP: Ethereum (CoinDesk)
First Mover Americas: Smooth Ethereum Merge Disappoints Ether Volatility Bulls; ETC Rallies

The latest price moves in crypto markets in context for Sept. 15, 2022.

CDCROP: Ethereum (CoinDesk)
CDCROP: Ethereum merge (Dall-E/CoinDesk)
Ethereum Classic and Ravencoin's Hashrate Nearly Doubles After Merge

Earlier on Thursday, Ethereum switched to a system that does away with the need for miners.

CDCROP: Ethereum merge (Dall-E/CoinDesk)
CDCROP: Bids on "The Last POW Block" are half of what its creators paid to create it. (OpenSea)
High Bid on NFT of Ethereum’s Final PoW Block Is Just One-Third What Creators Paid to Mint It

Vanity Blocks paid roughly 30 ether to crypto miner F2Pool to mint an NFT of Ethereum's final proof-of-work block.

CDCROP: Bids on "The Last POW Block" are half of what its creators paid to create it. (OpenSea)
CDCROP: Zippers (Tomas Sobek/ Unsplash)
Lido’s Staked Ether Surges Closest to Ether Since Terra Crash

The stETH derivative and its spread to ETH, a closely followed metric of the confidence in the Merge, sharply narrowed as Ethereum completed its technology transition without a hiccup.

CDCROP: Zippers (Tomas Sobek/ Unsplash)
Sandeep Naliwal, co-founder Polygon (Polygon)
Ethereum’s Merge Could Bring a 'Billion Users' to Web3, Polygon Co-Founder Says

Sandeep Nailwal told CoinDesk TV’s “First Mover" that the software update could lead to further upgrades that would increase "scalability" for layer 2 networks.

Sandeep Naliwal, co-founder Polygon (Polygon)
The Ethereum Merge watch parties are over. Now the hangover seems to be hitting in crypto markets. (Creative Commons)
Ethereum Merge Brings 'Sell-the-Fact' Price Move in Crypto Markets

The price stability that prevailed after Ethereum's shift to a more energy-efficient proof-of-stake network suddenly evaporated as ether slid 9.1%, its worst day since late August.

The Ethereum Merge watch parties are over. Now the hangover seems to be hitting in crypto markets. (Creative Commons)
Featured Ethereum developers, images courtesy of the subjects
Meet 8 Ethereum Developers Who Helped Make the Merge Possible

Ethereum’s impending shift to proof-of-stake could not have happened without researchers, developers, volunteers and many, many client teams.

Featured Ethereum developers, images courtesy of the subjects
Ether futures discount evaporates. (Source: Skew)
Ether Futures Market Discount Evaporates After the Merge

The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge.

Ether futures discount evaporates. (Source: Skew)
CDCROP: Ethereum merge (Dall-E/CoinDesk)
The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain

The historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits.

CDCROP: Ethereum merge (Dall-E/CoinDesk)
How will the Ethereum Merge affect Bitcoin? (MirageC/Getty Images)
Bitcoin After the Ethereum Merge: Experts Weigh In

The immediate impact of the Merge on Bitcoin will probably be minimal.

How will the Ethereum Merge affect Bitcoin? (MirageC/Getty Images)
CDCROP: Business choices for select to investment decide. (Getty Images)
Here's How Equity Investors Can Play Ethereum’s Merge

It's slim pickings for equity investors looking to trade one of the biggest events in the crypto industry, but there are a few options, including Coinbase and some smaller Canadian companies.

CDCROP: Business choices for select to investment decide. (Getty Images)
Here's what to look for when the Ethereum Merge happens. (Greyfebruary/Getty Images)
Monitoring the Merge: What a Successful Ethereum Upgrade Will Look Like

How to track the status of Ethereum’s shift to proof-of-stake with a few easy-to-use tools.

Here's what to look for when the Ethereum Merge happens. (Greyfebruary/Getty Images)
CDCROP: Dance party (Roman Samborskyi/Shutterstock)
Everybody's Throwing a Watch Party for the Ethereum Merge. Here's Where to Go

Burn the night away, and the last blocks of proof-of-work ether, with these watch parties.

CDCROP: Dance party (Roman Samborskyi/Shutterstock)
The long-awaited Ethereum Merge will take place late Wednesday or early Thursday based on the latest estimates. (Getty Images)
4 Things Blockchain Analysts Are Saying About the Ethereum Merge

Investors are increasingly turning to futures markets over spot markets in order to readjust their exposure ahead of the Merge, researchers said.

The long-awaited Ethereum Merge will take place late Wednesday or early Thursday based on the latest estimates. (Getty Images)
The Ethereum Merge could cast a long shadow if stakeholders decide to fork. (Sunbeam Photography/Unsplash)
Ethereum Proof-of-Work Fork Timing Posted

The fork will occur 24 hours following the Merge, according to an @EthereumPoW Twitter thread.

The Ethereum Merge could cast a long shadow if stakeholders decide to fork. (Sunbeam Photography/Unsplash)
CDCROP: Brian Norton, CEO of MyEtherWallet (CoinDesk)
Ethereum’s Move From Proof-of-Work Essential for the Network, Crypto Exec Says

Brian Norton, chief operations officer of MyEtherWallet, joined CoinDesk TV’s “First Mover” to discuss the blockchain’s upcoming software update.

CDCROP: Brian Norton, CEO of MyEtherWallet (CoinDesk)
CDCROP: Kyle McDonald (CoinDesk)
Bitcoin's Price May Crash After Ethereum's 'Merge,' Researcher Says

Kyle McDonald told CoinDesk TV’s “First Mover" the Bitcoin network may be regulated away because of its energy consumption.

CDCROP: Kyle McDonald (CoinDesk)
CDCROP: Laura Shin from C22
Ethereum’s Merge May Boost Public's View of Crypto

Crypto podcaster Laura Shin told CoinDesk TV’s “First Mover” that the software update may allay the concerns of those worried about the industry's impact on the environment.

CDCROP: Laura Shin from C22
ConsenSys Head economist of Decentralized Protocols Lex Sokolin (CoinDesk) (CoinDesk)
Ether May ‘Inevitably’ Turn Into a Store of Value After Ethereum’s Merge, ConsenSys Economist Says

Lex Sokolin, head economist of decentralized protocols at ConsenSys, joined CoinDesk TV’s “First Mover” to discuss why ether could be seen as a store of value as regular and institutional users stake their tokens on the network.

ConsenSys Head economist of Decentralized Protocols Lex Sokolin (CoinDesk) (CoinDesk)
CDCROP: Tandem Drift Race Cars (Ralfs Blumbergs/Unsplash)
Ether Lags Bitcoin as Ethereum Merge Nears; Here's Why

With the ETH/BTC ratio trading at previous highs, some have started to unwind their long ETH/short BTC trade, one researcher said.

CDCROP: Tandem Drift Race Cars (Ralfs Blumbergs/Unsplash)
CDCROP: The Shard in London, England (DAPSGDP/Pixabay)
Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether: Bank of America

Investors who are barred from buying tokens that run on proof-of-work systems may be able to buy ether after the blockchain switches to proof-of-stake, the bank said.

CDCROP: The Shard in London, England (DAPSGDP/Pixabay)