https://techcrunch.com/2022/09/07/ethereum-merge-may-not-fix-everything-but-it-could-boost-institutional-adoption/ > As we inch closer to a highly anticipated protocol development for Ethereum, some big institutional players may wonder what “the Merge” could mean for them. > The system upgrade, set for September 15, plans to reduce the second-largest blockchain’s energy consumption by about 99% by moving away from proof-of-work, which relies on crypto miners using tons of computing energy to validate transactions, to proof-of-stake, which uses an algorithmic lottery to determine future validators from a pool of “stakers” who lock up funds to secure the network.