Moving away from its previous, energy-intensive validation mechanism puts Ethereum on a more sustainable long-term path. For the network that has become the main platform for blockchain-based applications like non-fungible tokens and decentralised finance, that is certainly significant.
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Ethereum’s merge: a Netscape moment for Web3?
The Ethereum merge doesn’t provide any clues about what those uses might be. But, to paraphrase Winston Churchill, it at least shows that Web3 has got to the end of the beginning.
