In this episode of Understanding Crypto Paul talks through the technical details of the upcoming Ethereum merge.

The Ethereum network will finally be moving from proof of work to proof of stake, this move having initially been announced in 2016. There are two major issues with Ethereum, energy usage and scalability, and this merge will impact these two issues differently. The merge is happening in two stages, the Bellatrix phase and the Paris phase, and Paul breaks down what will happen during these phases.

In the show you will learn:

• How users will be affected by the change from POW to POS
• What the Bellatrix and Paris phases are
• How the merge will affect the energy usage and scalability of Ethereum

Understanding Crypto is the podcast created to help you work out what is happening in the world of Web 3.0 and the impact this digital revolution could make to your brand, business and life.

In this show your hosts Paul Abercrombie and James Burtt will be discussing, distilling and massively simplifying subjects such as how blockchain works, what is metaverse real estate all about, what are you actually buying when you purchase an NFT, how do DOA's work, which direction is Bitcoin heading in, how to use a digital wallet, what steps you need to take to onramp from fiat currency into digital assets and lots, lots more.

Plus, via specific episodes of the podcast, Paul and James will actually pull back the iron curtain to share what on-chain projects they are involved with and document - in real time - the processes they grow and go through in order to make Web 3.0 as valuable for real-world realtime businesses and brands as possible.

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