Ethereum’s merge makes crypto more palatable, but to whom?

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By Darren Parkin by Kevin Murcko, CEO and founder of Coinmetro Last week, the world’s second largest open source blockchain, Ethereum, pulled off its biggest feat since it was created almost a decade ago. The highly anticipated ‘Merge’ event, which has been years in the making, involved a change to the consensus algorithm that verifies transactions from proof-of-work (POW) to proof-of-stake (POS). Put simply, this new protocol means that Ethereum no longer relies on the computational power of miners to prove that a change to the blockchain is correct, and instead invites the community to stake…

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