Merge vs Macro
Sep 16, 2022
• 5
Min Read
Author
The Good
In what was undoubtedly one of the greatest instances of long-term collaboration and a celebration of human ingenuity, the Ethereum network finally converted from Proof-of-Work to Proof-of-Stake in the early morning hours on Thursday. Contrary to most of the Testnet Merges, there were essentially no hiccups, as the execution layer seamlessly merged with the Beacon Chain and miners powered down their GPUs for the final time (or migrated to another GPU-mined network).
This was an endeavor nearly seven years in the making, with countless iterations, roadblocks, and route changes a...