The Ethereum Merge Is Finally Here: What Investors Need To Know And How To Trade It

The Ethereum Merge is finally here, tentatively scheduled for September 15th or 16th.There has been a lot of noise around the Merge, we've sifted through it all and provided a one-stop shop for what investors need to know.The Merge may present more short-term downside risk than upside risk, find out why below.The Ethereum (ETH-USD) Merge has been tentatively scheduled for September 15th-16th. The Merge is Ethereum's consensus mechanism transition from proof-of-work to proof-of-stake. We believe proof-of-work blockchains like Bitcoin (BTC-USD) and proof-of-stake blockchains like the future Ethereum can coexist, so we will not focus on the merits of each consensus mechanism in this article. Just understand that "miners" are associated with proof-of-work, and "validators" are associated with proof-of-stake. Instead, we will focus on providing information on what the merge is, what the merge is not, and practical investment implications. You can find more details on the upcoming merge from those directly involved here.First, let's quickly cover the recent ETHPoW Hard Fork controversy.Is The ETHPoW Hard Fork A Concern?Some in the Ethereum community, mainly miners who will no longer be securing the current Ethereum proof-of-work blockchain and therefore no longer receiving rewards for their expensive computational power they are providing, are planning to create ETHPoW, a hard fork of Ethereum that will continue as a proof-of-work b...