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Blockchain trilemma: What's next for Ethereum after long-awaited 'Merge'?

The long-awaited software revision, termed the Merge, shifted the blockchain from a so-called proof-of-work system to a more energy efficient proof-of-stake method for securing the network.

Photo: Bloomberg
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Photo: Bloomberg

Sidhartha Shukla | Bloomberg
After much celebration over the successful transition of Ethereum, the question remains what’s next for the most commercially-significant crypto project. 
 
The long-awaited software revision, termed the Merge, shifted the blockchain from a so-called proof-of-work system to a more energy efficient proof-of-stake method for securing the network. There was no changes related to network transaction costs or speed, which are common gripes among Ethereum users. 

Completing the upgrade without any software downtime is a brilliant engineering feat, said Harsh Rajat, the Mumbai-based co-founder of Ethereum Push Notification Service or EPNS. “Akin to changing the foundation of a skyscraper while

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