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Can 'The Merge' Save Crypto?

Summary of this New York Time Article

The article tackles what has been known in the Ether community as the almighty "Merge". "The Merge" is the change from the consensus algorithm of proof-of-work, to the newly adopted one proof-of-stake. The main difference is that to confirm a transaction, rather than solving a complex problem, the minors would leave some ether in a pool as a stake. This would massively decrease the computational power to verify transactions, which decrease the carbon output of the network and solve some scalability issues. While being excited about this change, the author, however, seems skeptical that this would bring about the revival of crypto. He claims that the carbon output wasn't what pushed away people from the decentralized currencies, but the fluctuation of the prices and the overall scams that plagued the industry in general.

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