The Ethereum Merge Matters for Everyone in Crypto

After years and years of delays, the Ethereum merge is upon us. The event formerly known as Ethereum 2.0, when the proof-of-work Ethereum mainnet will merge with the proof-of-stake beacon chain, could happen as soon as Tuesday.After significant testing, it’s almost time to hot-swap the new engine for the old mid-flight. The eyes of every person in the crypto industry are on this event—or should be.The merge will make the Ethereum blockchain almost immediately faster, more scalable, and 99% more energy-efficient. It should, in theory, be wonderful for Ethereum (both the network and the asset). Whether the price of ETH actually moons after the merge, or whether it’s already “baked in” and doesn’t budge, is anyone’s guess—and we don’t do any price predicting at Decrypt.First, there’s the energy issue.