Cryptoverse: Electric ether leaps on verge of Merge


FILE PHOTO Representations of cryptocurrency Bitcoin Ethereum and Dash plunge into water in this illustration taken May 23 2022. REUTERSDado RuvicIllustration

FILE PHOTO: Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) - It looks like ethereum's mega-upgrade is happening. Finally.

After years of delays, the "Merge" seems all but certain to take place in September, with the cryptography underlying the blockchain undergoing a radical shift to a system where the creation of new ether tokens becomes far less energy-intensive.

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