It's the Correlations, Stupid

Louis Sykes
August 16, 2022

From the Desk of Louis Sykes @haumicharts

There's lots of chatter about the Ethereum $ETH merge, and rightfully so.

It's a significant development for the entire space and is paving an ideological divide in the community from proponents of proof-of-work (PoW) to that of proof-of-stake (PoS).

But when it comes to our job as technicians -- that is, following money flow -- we like to sweep the narrative aside and see what's really happening.

And we like to tell it like it is.

 

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