Which are the best sources to read on what is happening, and its likely benefits and problems? If you are starting from scratch, here is some NYT coverage. The Ethereum Foundation reports:
- Soon, the current Ethereum Mainnet will merge with the Beacon Chain proof-of-stake system.
- This will mark the end of proof-of-work for Ethereum, and the full transition to proof-of-stake.
- This sets the stage for future scaling upgrades including sharding.
- The Merge will reduce Ethereum’s energy consumption by ~99.95%.
What else should I be reading on this? Here are various Reddit threads. Here is coverage from Timothy B. Lee. And what are you all expecting? (Please don’t just rehash the standard crypto debates.)