The $200 Billion Merge

The Merge Mechanics

Ethereum has been discussing the change to Proof-of-stake since 2014, even before the original chain went live.

The Technical Process

The PoS chain is also known as the “Beacon Chain”.

The Investment Opportunity

When the Beacon chain launched back in December 2020, users were able to stake their Ether to help secure the new consensus layer.

  • Coinbase (Centralized)
  • Binance (Centralized)
  • Kraken (Centralized)
  • Rocket Pool (Decentralized)
  • Lido (Decentralized)

The Future Outlook

After the Merge, there is still work to be done to reach the end goal.


Ethereum has big dreams, but these big dreams come with high risks.

Thanks for reading!

If you have found this article useful, please feel free to check out my other articles looking at cryptocurrency, blockchain, and the technology behind it.



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Nick Conn

Nick Conn

I analyze web3, DeFi, and tech behind the scenes. Writer & Investor — Software Engineering Manager — Substack: