Advertisement
UK markets closed
  • FTSE 100

    8,237.72
    -34.74 (-0.42%)
     
  • FTSE 250

    20,442.35
    -56.37 (-0.27%)
     
  • AIM

    772.57
    +0.19 (+0.02%)
     
  • GBP/EUR

    1.1822
    +0.0000 (+0.00%)
     
  • GBP/USD

    1.2645
    -0.0015 (-0.12%)
     
  • Bitcoin GBP

    50,585.73
    -809.17 (-1.57%)
     
  • CMC Crypto 200

    1,338.47
    -21.86 (-1.61%)
     
  • S&P 500

    5,464.62
    -8.55 (-0.16%)
     
  • DOW

    39,150.33
    +15.57 (+0.04%)
     
  • CRUDE OIL

    82.34
    +0.17 (+0.21%)
     
  • GOLD FUTURES

    2,334.70
    -34.30 (-1.45%)
     
  • NIKKEI 225

    38,596.47
    -36.55 (-0.09%)
     
  • HANG SENG

    18,028.52
    -306.80 (-1.67%)
     
  • DAX

    18,163.52
    -90.66 (-0.50%)
     
  • CAC 40

    7,628.57
    -42.77 (-0.56%)
     

The Crypto Mile: Episode 6 - Ethereum insider reveals consequences of 'the merge'

On this week's show, our host Brian McGleenon is joined by Dankrad Feist, a core researcher at the Ethereum Foundation. This episode forecasts the disruptive impact of the coming Ethereum 'merge' on the cryptocurrency ecosystem. We look at the impact on the price of Ethereum's native cryptocurrency, ether, which will become a deflationary token following the merge. The world's second-largest cryptocurrency by market cap will make a full transition from the high energy intensive 'proof of work' method of validating transactions on the blockchain to a 'proof of stake' way of validation, that will only use a fraction of the energy. The move to 'proof of stake' should appeal to institutional finance who are wary of the ESG implications of the carbon-intensive 'proof of work' method. Institutional Finance may wish to invest in the Ethereum network via 'staking' pools and the coming upgrade could have significant implications on the price of ether.