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Sep 18

ICHI NEWSLETTER 4 - 17 SEP 2022

ETHEREUM MERGE The big blockchain news story in the past week was the Ethereum Merge success. The Merge, referring to merging the Proof-of-Work Ethereum Mainnet with the Proof-of-Stake Beacon Chain, was successfully executed on 15 September 2022, and this has reduced the Ethereum power consumption by about 99.95%, making Ethereum a much more environmentally friendly blockchain that is expected to be more ready for wider adoption for the future. When Ethereum was launched in 2015, the network ...

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