Cryptocurrencies

    VIDEO: Ethereum merge starts today

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      The first stage of the Ethereum merge starts today, after developers have spent several years transitioning the crypto?s blockchain from proof-of-work to proof-of-stake.

      In a nutshell, proof-of-stake will see miners stake some of their Ethereum to be allowed to participate in verifying transactions.

      This will mean that far fewer computers will need to be used in every transaction.

      That means there will be less energy used and speeds will increase and costs will come down.

      The first stage of the merge begins today, and the next stage will occur between September ten and September 20.

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