Binance, the world’s largest cryptocurrency exchange, has announced that it will support Ethereum (ETH) “The Merge” update.
August 10 In the statement made on the Binance official website, it is expected to take place in the third quarter of 2022. The Merge of the update being followed closely and if the update happens It will be supported by Binance specified.
In the statement made by Binance, it may occur after the update. possible new tokens will be reviewed in detail and Binance has implemented on any other tokens. from the rigorous research process will be emphasized. There is no indication that Binance will list any tokens before they go through the necessary procedural research. cannot guarantee clearly stated in the content of the statement. As a result of the examinations, the new tokens deemed technically suitable will be announced by Binance. at a later date announced to be listed on the stock exchange.
The Merge update replaces the existing Ethereum transaction execution layer as the new consensus layer. Beacon Chain It is known that it will assume the function of a procedure combining with with Merge PoW The (Proof of Work) consensus is that Ethereum network integrity will be secured by investors rather than miners. PoS It is intended to replace it with the (Proof of Stake) consensus.