Question

Banking giant Citi highlights significance of Merge upgrade on Ethereum’s blockchain

Answer 1

And why do we need Citi to reassure us what we already know? Loll.

Answer 2

tldr; Ethereum's Merge upgrade is slated for September 19. Citigroup believes the upgrade might have several implications for the blockchain. The upgrade might lead to lower energy intensity, shift Ethereum to a deflationary asset and a possible road map to a more scalable future through sharding, the bank's research claims.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Answer 3

Good seeing this. Coming from banks, it means all the stuffed shirts will see it.

Answer 4

I know this is unpopular to say but the banking sector is the one that will end up using crypto the most. The block makes most sense. It can’t be changed

Answer 5

I am always cautious when banks are pumping my coins, what is the catch?