The consequences of the Ethereum ‘Merge’

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City AM

By Darren Parkin by Benjamin Dean of WisdomTree The Ethereum network experienced an update this week. Colloquially termed ‘The Merge’, this update involved transitioning the network’s consensus mechanism to proof-of-stake. The consequences of this change offer both opportunities and risks for investors. The opportunities will present themselves in terms of a staking yield for those who stake their ether holdings. Risks will be seen in cybersecurity terms, should there be a critical bug in the updated code base, and in terms of compatibility with the many decentralised applications (dApps) that…

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