Ethereum’s transition into a proof-of-stake consensus mechanism continues to be at the forefront of discussions within the blockchain ecosystem. On 11 August, core developers on the network, on a consensus layer call, suggested possible dates for the Ethereum Merge. Before the eventual Merge into a proof-of-stake network, the blockchain has to complete two upgrades called […]
s transition into a proof-of-stake consensus mechanism continues to be at the forefront of discussions within the blockchain ecosystem.
Before the eventual Merge into a proof-of-stake network, the blockchain has to complete two upgrades called “Bellatrix” and “Paris.” Following this announcement, the price of Ether quickly rallied to trade above the $1900 region, a position it last hit in May. With discussions surrounding the Merge intensifying in the last month, ETH addresses with a balance greater than $10 million worth of ETH have grown.
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