Scheduled to happen in mid-September 2022, there seem to be many misconceptions and misinformation around the same.
Furthermore, word on the street was that the Merge would increase the transaction speed of the Ethereum network. However, a slight reduction is possible as the goal for PoW was a new block every 13.3 seconds. On the beacon chain, slots happen after every 12 seconds.“On proof-of-stake blocks will be produced ~10% more frequently than on proof-of-work. This is a fairly insignificant change and is unlikely to be noticed by users.”Amidst the hype of the Merge, new information presented by the Ethereum Foundation provided enthusiasts with much-needed clarification.
ETH grew nearly 89% since July. At the time of writing, the altcoin king was trading at $1,847 with a market capitalization of $225,449,830,840.Not only did its price move northwards, but analytic firm Santiment’s data showed that its social dominance also increased compared to last month. Thus, indicating increased interest from the crypto community in Ethereum.
There you have it, the new $ETH will NOT reduce your gas!!!! For ⛽️ reduction you either have to go for peptol or SHIBARIUM $BONE $SHIB
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