Bitwise Asset Management CIO Matt Hougan joins Emily Chang and Bloomberg's Sonali Basak to discuss the highly-anticipated Ethereum Merge and its potential impact on the whole crypto ecosystem, after Ethereum developer Tim Beiko revealed the update is expected to happen on the second week of September.
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Francisco Gimeno - BC Analyst 'The Merge', first of the five movements to transform Ethereum is happening in September this year. Things are going to change in its Mainnet ("the merging of the execution layer -current Mainnet- and the Beacon Chain (new POS Layer"), transactions speed should improve a little and its energy use footprint reduce by a very wide margin on what is now. With this stage initiated, a long process starts to transform Ethereum into a fast platform. Potentially this will impact many other crypto and tokens which are just based on Eth.