The long-awaited Ethereum Merge update has finally come true.
The Ethereum 2.0 process, which has been postponed many times before and shown as one of the most important events in the history of crypto money, has officially started.
According to the first data, no errors were encountered and everything is working fine.
After the merger of ETH, ETH rose from $ 1580 to $ 1608. As of now, fluctuating price movements are seen.
It is expected that the fluctuating price movements in ETH will continue throughout the day.
What is Ethereum 2.0? What will happen now?
Ethereum 2.0 is a large-scale upgrade/update for the Ethereum network to grow and increase transaction speed and efficiency.
With this update, Ethereum has moved from a PoW (Proof of Work) system to a PoS (Proof of Stake) system. Ethereum mining will no longer be possible with video cards as before.
You can read all about Ethereum 2.0 in the following content:
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