Ethereum is a technology platform that is being built for the long term. It is the foundation on which the future of the internet (Web3), and the future of finance (DeFi) is being built.
Over the last two years, the network saw skyrocketing figures for adoption and utilization—strong signals for network maturity. Today, more than half of the entire DeFi ecosystem exists on Ethereum. And this month, the Ethereum blockchain will undergo the first major upgrade on its roadmap: The Merge.
The Merge will reshape the world’s largest programmable blockchain by switching from the energy-intensive Proof of Work (PoW) consensus mechanism to the Proof of Stake (PoS) mechanism, with no downtime to the Ethereum network and no impact to or action required from users or developers.
On September 5th, MetaMask Institutional and the ConsenSys Cryptoeconomic Research team launch an insight report examining the Impact of the Merge on Institutions. On September 12th, the authors will discuss the report on a webinar.