Archived Articles
13 Sep 2022
The calm before The Merge
Last week, Bellatrix was activated—the last major update before the merge—and enables Ethereum consensus layer clients to execute transactions on the Beacon chain.
A brief on what the merge will mean in practice:
Last week, Bellatrix was activated—the last major update before the merge—and enables Ethereum consensus layer clients to execute transactions on the Beacon chain.
A brief on what the merge will mean in practice: It will: 1) Immediately reduce Ethereum’s energy demand by 99.95%, 2) Allow for future upgrades that will make it faster and more scalable, and 3) Reduce ETH issuance by ~90%*.
It will not: 1) Create another blockchain called “Ethereum 2.0”, 2) Create a new Ethereum token called “ETH2”, or 3) Lower the cost of ETH transactions.
Related reading - market angle ahead of merge:
