What Is The Ethereum Merge | Ethereum Merge Explained #ethereummerge #ethereum

121 views Oct 12, 2022

What Is The Ethereum Merge | Ethereum Merge Explained #ethereummerge #ethereum One of the most eagerly awaited cryptocurrency events in history is the Ethereum Merge. Learn more about The Merge's purpose, need, and potential difficulties. Main Points: The change from Proof of Work (PoW) to Proof of Stake as the Ethereum blockchain's consensus method is referred to as The Ethereum Merge (also known as The Merge or Ethereum 2.0) (PoS) The Merge's supporters anticipate that it will minimise energy use, boost decentralisation, and pave the way for the next enhancements that could reduce gas costs, increase scalability, and speed up transaction times The Merge's soft target date has been set as September 15, 2022 The Merge will be the first time PoS is applied on this scale, thus there may be significant difficulties, including the potential for delays Read the blog: https://thebusinessfinance.net/what-is-the-ethereum-merge/ ==============================================================================================================================================================