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Cryptoverse: Ether prepares for epic ‘merge’ in quest to eclipse bitcoin

Published by
Reuters UK

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock’s ticking. The No.2 cryptocurrency was supposed to be weeks away from the “merge”, a transformative June upgrade of its blockchain Ethereum to make it faster, cheaper and less power hungry, holding out the prospect of a meaner and cleaner crypto future. The anticipation had supported ether this year, even as inflation and monetary tightening shackled bitcoin. But that merge – which woul…

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