HomeEthereumThe cryptocurrency breakthrough that will "end the controversies" is Ethereum's "The Merge."

The cryptocurrency breakthrough that will “end the controversies” is Ethereum’s “The Merge.”


This week, crypto fans are holding their breath. The second-largest blockchain in the world, Ethereum, will change to a fundamentally new way of functioning in the coming hours. a complex operation that took years of testing and laborious labour. If this transition known as “The Merge” goes off without a hitch, it would greatly expand Ethereum’s prospects and will undoubtedly strengthen the whole space of cryptocurrencies, NFTs, and decentralized finance (DeFi). Similar to how a failure would have effects much beyond Ethereum’s already enormous reach. Decryption of the problems with KPMG France’s blockchain and crypto director, Alexandre Stachchenko.

Alexander Stachchenko: This is due to a number of factors. First, it relates to the second-largest blockchain by market capitalization (almost 200 billion dollars). By the way, it’s a trompe l’oeil figure because the Ethereum blockchain also supports a whole economy of NFTs and decentralized finance (DeFi). If we include that in, we get to slightly over $400 billion and surpass the current Bitcoin ecosystem. Additionally, “The Merge” is a substantial transition because it involves an engine change rather than a straightforward update. a true leap into the uncharted.

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