It’s the phrase on everyone’s lips: The Merge. It would be the Ethereum blockchain’s most ambitious software upgrade ever. After years of delays, it represents a fundamental overhaul of how the blockchain works, and would - if all goes according to plan - shift away from the energy-intensive approach known as “proof of work”.

So, what does the Merge mean for users? What are the risks associated with this switch? And why is it finally happening now, after all these years? Bloomberg Crypto reporters Olga Kharif and David Pan join this episode to tackle these questions.

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Wait, What's 'The Merge'? 19:58 Share

Bloomberg Crypto

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Wait, What's 'The Merge'?