The Ethereum Merge is expected to reduce the energy consumption of the most attractive blockchain of 2022 by 99.5%, but it will not decrease average transaction fees. This has disappointed many users. We are currently seeing a wave of migrations to chains compatible with the Ethereum Virtual Machine (EVM).
Ethereum promised a major change today with the successful completion of the Shanghai upgrade. The upgrade will lead to several improvements in the blockchain, including the finalization of the switch to Proof-of-Stake. ETH investors are delighted to congratulate themselves on the hard work of the entire Vitalik Buterin team. Zoom in!
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