The success of the merger leaves a green and friendly Ethereum
The success of the merger leaves a green and friendly Ethereum
The success of the Ethereum merger, the blockchain that is leading the way to Web3, leaves a green and friendly network for institutions and corporations.

Ethereum Fusion

This is certainly good news for all corporations and institutions that want to invest in ETH, offer staking services to their clients, or build decentralized applications on the erc20 token development network. Ethereum’s high energy consumption made it incompatible with the Sustainable Development Goals. In fact, it was one of the main problems faced by companies that wanted to bet on Ethereum.

Next update: Shanghai

The next Ethereum upgrade is Shanghai. The update will allow the initial stakers of the Beacon Chain, the PoS chain created in 2020, to withdraw their erc20 token generator and the commissions obtained during these two years. Shanghai will facilitate shard chains, which will serve to provide scalability to Ethereum 2.0. It is estimated that the arrival of Shanghai to the Ethereum 2.0 testnet networks will not be before a year. Meanwhile, companies will continue to push the development of Layer2 solutions, such as Polygon or Arbitrum One.

The DAO and decentralization

The debate about the decentralization of Ethereum is a matter that goes back a long way. From the moment the hack to The DAO occurred. It happened in June 2016, a year after the launch of Ethereum. The stolen ETH was equivalent to about 60 million dollars on that date. In order to invalidate the transactions, Vitalik proposed to make a fork, something that goes against the basic principle of any public blockchain: its immutability. People opposed to the fork kept the original chain, giving rise to Ethereum Classic (ETC), which these days has appreciated more than 3% and is trading above $38.