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Block Climbing Podcast: The Ethereum merge explained and why it really matters


The Ethereum merge is finally happening! So this week Tegan and Tim dive into what this actually means and why it's a big deal. They also look at Tiffany & Co NFTs and the Sports Chain crypto scam in Sri Lanka.

After years of promises, Ethereum is finally about to merge in September. It's moving from a proof of work model to proof of stake, which is a huge deal for the crypto community. But what does this actually mean and why is it important?

In this ep we break down the Ethereum merge so it's easy to understand. We dive into proof of work vs proof of stake (and what that means), the new Beacon Chain the network is moving over to and the hopefully positive environmental impact.

We also take a look at the potential cons and misconceptions, like changes to gas fees and how much money you need to be a validator rather than a miner.

Elsewhere in the episode we discuss Tiffany & Co getting into the NFT game and the Sports Chain crypto scam that has been plaguing Sri Lanka.

Listen to the episode: The Ethereum merge explained and why it really matters

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This podcast is powered by Finder. Follow Tegan and Tim on Twitter.

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