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Ethereum's The Merge is the most important event in crypto this year. Here's why.

Stan Schroeder

Mashable

Aug 18, 2022

Ethereum's The Merge - 947893644

It's coming soon, and it's changing everything.

Ethereum is changing.

The world's most popular blockchain platform is about to undergo a radical change that will make it greener, and pave the way for many optimizations. It's immensely important for the nascent spaces of decentralized finance and NFTs; on the flip side, its immediate effects on Ethereum's speed, scalability and fees are often overstated. Let's dive in.

What is The Merge?

First, a technical definition, mostly lifted from Ethereum.org: The Merge is an upgrade to the Ethereum platform that will merge the Ethereum Mainnet with the Beacon Chain, marking a transition from proof-of-work to proof-of-stake.

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