Ethereum blockchain slashes energy use with ‘Merge’ s
By Elizabeth Howcroft and Maria Ponnezhath LONDON (Reuters) -The Ethereum blockchain has undergone a major software upgrade, drastically reducing its energy usage, its inventor and co-founder tweeted on Thursday. The new system will use 99.95% less energy, according to the Ethereum Foundation. The upgrade, which changes how transactions occur and how ether tokens are created,…