Bitcoin After Ethereum Consolidation: Experts Weigh

Bitcoin After Ethereum Consolidation: Experts Weigh


Ethereum, the blockchain behind Ethher (ETH), the second largest cryptocurrency by market capitalization, worth about $200 billion, will try to do what a major blockchain has never done — switching consensus mechanisms (how computers agree on the state of a network) than to prove Work to Proof of Stake. What is the impact of this shift, referred to as “the consolidation,” on the dominant cryptocurrency, Bitcoin (BTC)?



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