Ethereum (ETH) The Merge update, which aims to switch to PoS in its network, has been waiting for a long time and was finally completed successfully in the morning today.
Merge update, which took place after many years of work, ETH It aims to provide greater scalability, security and sustainability in its network.
While Merge’s impact on ETH remains a matter of curiosity Grayscale analysts Matt Maximo and Michael Zhao A report on the Ethereum Merge merger was written by
Merge merger Ethereum Grayscale analysts, stating that it is a historical event for ETH He said that for which he closed one age, he opened another.
Analysts used the following statements for the Merge merger in the report:
“Imagine Ethereum is a spaceship not quite ready for an interstellar journey.
With Merge, the community built a new engine and a hardened body. After significant testing, it’s time to hot-swap the new engine for the old flight.
The new Proof of Stake engine powering Ethereum is separated from the Proof of Work engine by choosing who has the right to approve the next block.”
ETH Emphasizing the importance of Merge merging for Merge said that the claim that transaction fees in ETH will decrease after
Analysts recently said that Ethereum’s Merge merge is the first to change the way of working and validating. blockchain He stated that he managed to become a network.
As known Ethereum There will be five major updates to the network. Merge was the first of these.
after Merge Surge, Verge, Purge and Splurge Upgrades are planned.
These updates aim to make the network even more scalable.
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