Ethereum Co-founder Lubin: The Merge Will Be ‘Enormously Impactful’

CEO of ConsenSys, Joseph Lubin, appeared in a Bloomberg TV interview on The Merge. Lubin stated that the blockchain upgrade would not cause many inconveniences to the end user, but it would be “enormously impactful.” “We think it'll be enormously impactful,” says Ethereum Co-Founder Joseph Lubin on the company merger. The long-anticipated software change, “the Merge” to crypto fans worldwide, will lower Ethereum’s energy use by 99% https://t.co/N9mdd17Jkj pic.twitter.com/3GhOEU1aq0 — Bloomberg TV (@BloombergTV) September 13, 2022 Joseph Lubin added, “It’ll be as smooth as if your iPhone or laptop upgraded its operating system automatically overnight.” ConsenSys – Source Of Ethereum Infrastructure Platform The blockchain software development firm ConsenSys is the source of the Ethereum infrastructure platform Infura and cryptocurrency wallet MetaMask. Recently, a contract was signed bringing ZK-rollups to those items through StarkWare. The third significant event to occur in the history of cryptocurrency after the introduction of Bitcoin and the development of Ethereum is the Merge. Lubin discussed the same as he concluded the interview by describing the evolution of the ecosystem. Ether Price Could ‘Decouple’ Post Merge The price of Ether (ETH) may decouple from other crypto assets after the Merge, with staking yields perhaps fueling solid institutional adoption, according to crypto analytics company Chainalysis. Research by C...