The Merge is Ethereum’s chance to take over Bitcoin
Ethereum researcher, Vivek Raman, is convinced that Ethereum’s upcoming transition to a proof-of-stake (PoS) system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency.
The Merge is a long-awaited upgrade that will complete Ethereum’s transition from a proof-of-work (PoW) to a proof-of-stake system. In addition, The Merge will transform Ethereum’s monetary policy, making the network more environmentally sustainable and reducing ETH’s total supply by 90%.