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Ethereum Faces ‘Blockchain Trilemma’ as ‘Merge’ Mania Cools

  • Crypto network transitioned to more energy-efficient system
  • Network must now seek to implement major scaling upgrades
Bloomberg business news
Ethereum Protocol Developer Talks About the Merge
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After much celebration over the successful transition of Ethereum, the question remains what’s next for the most commercially-significant crypto project. 

The long-awaited software revision, termed the Merge, shifted the blockchain from a so-called proof-of-work system to a more energy efficient proof-of-stake method for securing the network. There was no changes related to network transaction costs or speed, which are common gripes among Ethereum users.