Zenith Horizon Capital

Ethereum has successfully completed its long-anticipated transition from proof-of-work to proof-of-stake consensus mechanism, dubbed “The Merge.” This historic upgrade reduces the network’s energy consumption by an estimated 99.95%, addressing one of the most significant criticisms of cryptocurrency. The shift comes as environmental concerns have increasingly influenced investor decisions and regulatory approaches. Besides environmental benefits, Ethereum’s new architecture lays the groundwork for future scaling solutions that promise to reduce transaction fees and increase throughput.