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Wait, What's 'The Merge'?

Bloomberg Crypto

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Introduction

The merge is the most ambitious softwar upgrade ever, coming after years of delays. It would be a major shift away from the current approach that's known as proof of work. Ether has soared about 60 % since june as traders and developers alike position themselves for this big transition. What does the merge mean for users? What are the risks associated with this upgrade? And why is it finally happening now, after all these years?

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