ETH - Ethereum's Merge Spotlights a Key Strength Says Coinbase Exec
A Coinbase (NASDAQ: COIN) executive just explained the best part of the long-awaited Ethereum (CRYPTO: ETH) Merge. Coinbase COO Emilie Choi pointed out Ethereum's most exciting strength -- and how the platform upgrade shines a spotlight on this quality.
The Merge is in the books now, and cryptocurrency investors should keep an eye on how Ethereum executes its move from a proof-of-work (PoW) platform to a proof-of-stake (PoS) system. In Choi's view, the journey is more important than the destination.
Around 2:40 a.m. ET on Thursday, Ethereum started merging its digital ledger with a new system, formerly running as a testing network known as the Beacon Chain. Ethereum's developers and blockchain node operators had executed a couple of mergers on smaller test networks, and all signs pointed to a successful platform upgrade on Ethereum's main network.
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Ethereum's Merge Spotlights a Key Strength, Says Coinbase Exec