‘The Merge’ could be good news for China’s Ethereum enthusiasts
https://techcrunch.com/2022/09/13/the-merge-china-ethereum-staking/
When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto investors, developers, and hobbyists continue to play a critical role in building the backbone and applications of web3.
The Merge, the much-anticipated network update on Ethereum that’s slated to unfold this week, could provide a new way for China’s crypto enthusiasts to participate in the blockchain economy two years after the country began phasing out the lucrative crypto mining industry.
‘The Merge’ could be good news for China’s Ethereum enthusiasts
Sep 13, 2022, 2:21pm UTC
https://techcrunch.com/2022/09/13/the-merge-china-ethereum-staking/
> When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto investors, developers, and hobbyists continue to play a critical role in building the backbone and applications of web3.
> The Merge, the much-anticipated network update on Ethereum that’s slated to unfold this week, could provide a new way for China’s crypto enthusiasts to participate in the blockchain economy two years after the country began phasing out the lucrative crypto mining industry.