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“The Merge” (formerly called Ethereum 2.0) was a set of three updates (Bellatrix, Paris, and Shapella) that transitioned Ethereum’s consensus protocol from proof-of-work to proof-of-stake. In April 2021, JP Morgan Chase, UBS, and MasterCard introduced that they have been investing US$65 million into ConsenSys, a software improvement agency that builds Ethereum-related infrastructure. The event sparked a debate in the crypto-community about whether or not Ethereum should carry out a contentious “exhausting fork” to reappropriate the affected funds. Emin Gün Sirer, Vlad Zamfir and Dino Mark had written a paper called A Name for a Short-term Moratorium on The DAO in which they described by which method the DAO could be vunerable to attacks.
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