Leading cryptocurrency from Bitcoin (BTC) coming after new update of biggest altcoin Ethereum (ETH) Google searches hit an all-time high.
on March 15 Ethereum Consolidation on Kiln testnet After its launch, the Ethereum community is now also Transition to proof of stake (PoS)i am wondering.
such that Google Trends data in the last two weeks “Ethereum Merge” The word got a lot of attention around the world, reaching an all-time high.
According to data from Google, the word “Ethereum Merge” is the most common between March 13 and March 19. in Canada searched.
Secondly, the word “Ethereum Merge” in Australia thirdly as well in Singapore much sought after. In the fourth place United States of America took place.
It ranks fifth and sixth behind the United States. United Kingdom and Netherlands took place.
What is Ethereum 2.0?
The exact date is still unknown for Ethereum 2.0, which means the transition of the Ethereum mainnet to the proof-of-stake system, namely PoS.
Vitalik Buterin, founder of Etherem In his statements, he stated that this transition would be completed in the first half of 2022. However, it is unclear whether this period will be extended.
It is thought that the Proof of staking system will make the Ethereum network more scalable and reduce energy consumption by 99.95%.
What is Ethereum Merge?
Merge means merger. In Ethereum Merge, it means merging the existing main Ethereum network with the POS system.
Merge will end the POW, allowing Ethereum to switch completely to POS.
Once ready, the Ethereum Mainnet will “merge” with the Beacon Chain and become its own part that uses proof-of-stake instead of proof-of-work.