
Arguably the largest event since the creation of Bitcoin, Ethereum successfully merged its beacon chain to become fully proof of stake less than a month ago. Not only was this huge for the Ethereum community, but The Merge was the largest decarbonization event in history, reducing the world’s energy consumption by 0.2%. Since The Merge occurred, however, Ethereum has fallen in price. Investors are starting to ask: Now What??
Benzinga sat down with Jaydeep Korde, founder and CEO of launchnodes, to gain insight into Ethereum’s transition to proof of stake, and what this could mean for Ethereum moving forward. Launchnodes is a staking as a service provider, allowing institutions and individuals to easily set up an Ethereum validator node on its new proof of stake network.