Cap3 on NASDAQ: How The Ethereum Merge Will Usher in the “New Internet”
By Brian Buchanan, co-founder of Cap3 Collective
The long-awaited Ethereum Merge finally happened. In terms of scalability, think of it like the move from dial-up to broadband internet – it’s a significant step.
From a technical standpoint, the merge consisted of the Ethereum network transitioning from what’s known as a Proof of Work (PoW) consensus mechanism to a Proof of Stake (PoS) model. To oversimplify it massively, the way in which all the computers that run Ethereum talk to each other just got a lot more efficient.
The Merge was by all accounts successful...