Eth Merge
This Ethereum ETH Merge Primer Series of blogs will seek to describe what the event referred to as The Merge is and why it is so relevant and important to the overall evolution of. There has been a sharp decline in the holdings of a significant number of ETH whales.
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. The Merge date is scheduled for Sept. As part of the upgrade Ethereum is scheduled to switch from a proof-of-work system to a proof-of-stake consensus mechanism. An Ethereum whale wallet that participated in the genesis initial coin offering ICO and obtained about 150000 Ether ETH in 2014 was activated again on Aug.
Why is ETH jumping ahead of the Merge. Seems to be on a decline as the Merge nears. While the cryptocurrency community prepares for The Merge the Nasdaq-listed Hive Blockchain Technologies revealed in the companys August 2022 production update that it plans to re-distribute.
This upgrade has been talked.
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