Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin.
Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency."Ethereum does have, just from an economic perspective and because of the effect of the supply shock, a chance to flip Bitcoin," said Raman in an exclusive interview with Cointelegraph. The Merge, a long-awaited upgrade that will complete Ethereum's transition from a proof-of-work to a proof-of-stake system, is set to take place in September.