Ethereum Merge Edition Part 1: How The Merge alleviates ESG concerns

<p>After years of anticipation and development, the Ethereum blockchain is finally on the verge of transitioning its consensus mechanism from proof-of-work to a more energy-efficient mechanism known as proof-of-stake.</p><p>According to a blog post from The Ethereum Foundation, switching the consensus mechanism of the blockchain is like changing the engine of a spaceship, and in just a few days, it will be “time to hot-swap the new engine for the old mid-flight.”</p><p>In this special Ethereum Merge edition of The Scoop, Lex Sokolin, head economist at leading Ethereum development company ConsenSys, examines the implications of Ethe...