What happened to Ethereum in 2022?

On September 15, 2022, Ethereum went through The Merge upgrade which transitioned Ethereum from proof-of-work to proof-of-stake. The Merge was Ethereum's biggest uprade and reduced the energy consumption required to secure Ethereum by 99.95%, creating a more secure network for a much smaller carbon cost.

What is Ethereum (Ethereum)?

Ethereum, also commonly known as Ether, is the world’s second largest cryptocurrency behind Bitcoin, and like any digital currency, it has experienced its fair share of ups and downs over its relatively short lifetime.

What will Ethereum do after the merge?

The Ethereum Foundation predicts that after the Merge the network will use at least 99.95% less energy than it does in its current state. Deflationary ether – An Ethereum research report modeled the impact the combination of EIP 1559 and proof-of-stake will have on ether’s circulating supply.

What is the Ethereum (ETH) flippening?

There's a potential event that Ethereum ( ETH -1.50%) investors are looking forward to, and it's called the flippening. This will take place the moment that Ethereum overtakes Bitcoin ( BTC -0.49%) in terms of market capitalization.