THE HASH: The Merge Opens a New Era for the Ethereum Blockchain; Crypto Regulation Turf War

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4.7 • 698 Ratings

🗓️ 15 September 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Wednesday, Sept. 15, 2022. "The Hash" hosts discuss today's top stories, including the Ethereum Merge that transitioned the world's second largest blockchain from proof-of-work to proof-of-stake, and the CFTC chairman's testimony in front of the Senate Agriculture Committee, in which Rostin Behnam said the agency is the “right regulator” to oversee digital assets trading. See also: The Ethereum Merge Finally Happened: So What? Meet 8 Ethereum Developers Who Helped Make the Merge Possible CFTC Already Preparing to Be Crypto Watchdog, Behnam Tells US Senators - I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code HASH20 for 20% off the General Pass. Register now: coindesk.com/ideas - This episode has been edited by Nia Freeman and Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This is the hash podcast.
0:10.0	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
0:14.9	with stories that matter to the crypto world, all on the hash for your ears.
0:20.7	You're listening to the Coin Desk Podcast Network.
0:26.8	Hello, hash fans, happy merge day. It's a great day on a Thursday. We got Will Foxley,
0:34.6	Christy Harkin, David Morris, and I'm Jensen Assy on Coin Desk TV right now.
0:39.8	Christy, I'm going to toss this up to you.
0:42.8	The merge has finally happened.
0:45.6	The bears are a panda.
0:47.5	I only learned about that yesterday, so that's like a very exciting thing for me.
0:51.2	Yeah, yeah, pandas all over the place.
0:54.0	And if anybody like me was watching
0:57.9	the Ethereum Mainnet merge viewing party last night, there were songs and dances with
1:03.9	dancing penguins, and it was all a good time. So yeah, we were out partying until about four in the
1:09.6	morning, Eastern time, and that was all great.
1:12.8	So yes, at 6.43am, UTC, which was way late for me in the Eastern Time Zone,
1:22.7	there were actually about 41,000 people tuned in to the viewing party and we watched everything tick over.
1:31.3	We saw the merge happen and then we hung around and kind of bit our nails for a while to see if it actually finalized.
1:41.3	So if we actually got a good block and if everything was being, all the
1:46.6	attestations were coming through and the slots were coming through. And apparently there were like
1:52.0	no miss slots for like the first four to five minutes, which is really, really good. Everybody
1:57.0	on the on the call was just going, this is going better than we thought it would. So everything
	...

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