The consequences of the Ethereum ‘Merge’

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By Darren Parkin by Benjamin Dean of WisdomTree The Ethereum network experienced an update this week. Colloquially termed ‘The Merge’, this update involved transitioning the network’s consensus mechanism to proof-of-stake. The consequences of this change offer both opportunities and risks for investors. The opportunities will present themselves in terms of a staking yield for those who stake their ether holdings. Risks will be seen in cybersecurity terms, should there be a critical bug in the updated code base, and in terms of compatibility with the many decentralised applications (dApps) that…

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