Mainstream Media on Merger: Risky Decision or Climate Nirvana?
While the mainstream media has generally understood the complexity of upgrading a major blockchain "in flight", this prompted a few to warn of disturbances that should it fail.
Consumer outlets are beginning to understand the significance of next week's Ethereum merger, describing it as a "major overhaul" that could either accelerate crypto adoption or send disastrous shockwaves on the market in case of failure.The merger has been underway since the original Ethereum whitepaper and involves moving from a power-hungry proof-of-work (PoW) consensus mechanism to an efficient proof-of-stake (PoS) without any significant disruption to the blockchain.
U.S. trade publication Forbes called the zero-downtime upgrade “[changing] the engine of a mid-flight spaceship,” and Swan Bitcoin CEO Cory Klippsten commented similar to the Wall Street Journal, stating the upgrade is like "Trying to fix an airplane mid-flight."
Some outlets have pointed out that the upgrade could be fraught with risk, sharing fears that a single misstep could "prove disastrous" for the future of the network and decentralized applications (DApps) on the Ethereum blockchain.
While the mainstream media has generally understood the complexity of upgrading a major blockchain "in flight", this prompted a few to warn of disturbances that should it fail.
Consumer outlets are beginning to understand the significance of next week's Ethereum merger, describing it as a "major overhaul" that could either accelerate crypto adoption or send disastrous shockwaves on the market in case of failure.The merger has been underway since the original Ethereum whitepaper and involves moving from a power-hungry proof-of-work (PoW) consensus mechanism to an efficient proof-of-stake (PoS) without any significant disruption to the blockchain.
U.S. trade publication Forbes called the zero-downtime upgrade “[changing] the engine of a mid-flight spaceship,” and Swan Bitcoin CEO Cory Klippsten commented similar to the Wall Street Journal, stating the upgrade is like "Trying to fix an airplane mid-flight."
Some outlets have pointed out that the upgrade could be fraught with risk, sharing fears that a single misstep could "prove disastrous" for the future of the network and decentralized applications (DApps) on the Ethereum blockchain.
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