5 facts about the ethereum merge Merge is the migration of all ethereum protocols from p

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5 facts about the ethereum merge

Merge is the migration of all ethereum protocols from proof of work to proof of stake eliminating the use of fossil fuels used by miners to using greener energy through validation (staking).

  1. Fees remain the same: ethereum block space will not change after the merge.

  2. Ethereum issuance will drop; the daily mining reward is 13,000 ETH while the daily staking reward per day will be 1,600 ETH

  3. Ethereum inflation will drop

  4. Transaction will not become faster

  5. Ethereum will be more deflationary; more ethereum will be burned.

Note; Merge is not the final upgrade on the ethereum blockchain we have the Surge and the Verge which will improve ethereum scalability, increase speed and reduce fee costs.

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