Bloomberg Law
April 6, 2022, 9:00 AM

Why Ethereum’s Coming ‘Merge’ Could Make or Break Crypto

Olga Kharif
Olga Kharif
Bloomberg News

Sometime later this year, Ethereum is set to make the biggest change in its near-decade history, an event that’s certain to ripple through the entire ecosystem of cryptocurrencies and digital assets. Think of it this way: The most important commercial highway in crypto is about to be completely repaved.

Ethereum is essentially computer software that uses so-called blockchain technology to provide a digital ledger for recording transactions. It’s become the most popular basis for a growing array of commercial crypto assets and applications, including lending products, nonfungible tokens (NFTs), as well as its native token, Ether. Ethereum isn’t owned by anyone ...