In less than 48 hours, we will be witnessing something that might change the crypto world forever.
Heres a few things you should know about the ETH Merge 👇🏻
A thread 🧵 🪡
#Ethereum #EthereumMerge #ETH
Heres a few things you should know about the ETH Merge 👇🏻
A thread 🧵 🪡
#Ethereum #EthereumMerge #ETH
WHY IS THE MERGE IMPORTANT?
The merge will eliminate the need for energy-intensive mining and instead secure the network using staked ETH. A truly exciting step in realizing the Ethereum vision – more scalability, security, and sustainability.
2/5
The merge will eliminate the need for energy-intensive mining and instead secure the network using staked ETH. A truly exciting step in realizing the Ethereum vision – more scalability, security, and sustainability.
2/5
The merge will immediately make the Ethereum blockchain around 99% more energy-efficient, and will set the stage for future upgrades that will make it faster and more scalable
3/5
3/5
The main purpose of the Merge is to transition Ethereum from its current proof-of-work consensus mechanism to the proof-of-stake model.
Simply put, a miner becomes a holder and staker
4/5
Simply put, a miner becomes a holder and staker
4/5
The Merge is six years in the making and is considered by many to be a milestone in the history of cryptocurrency due to the potential material and philosophical implications.
This move could see Ethereum become bigger than Bitcoin!!
5/5
This move could see Ethereum become bigger than Bitcoin!!
5/5
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