But the Merge appears to have gone as smoothly as ethereum fans could have hoped.The second reason crypto fans are happy about the Merge is that the new ethereum blockchain is much more environmentally friendly than the old one. According to crypto researchers, the new ethereum blockchain will consume 99.95% less energy than the old one. And it should help industry advocates make the case that crypto can be green.Third, many crypto fans are optimistic that the Merge will be good for the value of ether, ethereum’s native cryptocurrency. The new ethereum blockchain will still burn ether, but it won’t need to create as much new ether to pay out rewards to participants. But these days, a lot of people are skeptical of crypto for reasons that have nothing to do with energy.

Source: Forbes September 17, 2022 09:00 UTC