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    Vikshita Vitthal Gujaran in OBOSWAP

    03-Jan-2023 08:34 AM


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    What is the Merge?

    The Ethereum mainnet will soon shift from a Proof of Work to a Proof of Stake consensus mechanism in an upgrade called The Merge. The Merge is part of a series of major Ethereum ecosystem upgrades, which also include The Surge, The Verge, The Purge, and The Splurge. The goal of these upgrades is to make Ethereum more scalable and energy efficient. The Merge will combine the Ethereum mainnet with the Proof of Stake Beacon Chain and is expected to happen in September 2022. Source https://academy.binance.com/en/articles/the-merge-ethereum-upgrade-all-you-need-to-know?utm_source=BinanceAcademy&utm_medium=Social&utm_campaign=Article

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