Binance Academy
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The Merge Upgrade for Ethereum: Everything you need to know
Summary
The Ethereum mainnet will soon see a shift from a proof-of-work consensus mechanism to proof-of-stake in an upgrade called The Merge. This upgrade is part of a series of upgrades for the Ethereum blockchain ecosystem, which includes The Surge, The Verge, The Purge, and The Splurge. These upgrades are intended to make Ethereum more scalable and more energy efficient. The Merge upgrade will combine the Ethereum mainnet with the Proof-of-Stake Beacon chain and is expected to launch in September 2022.
The Ethereum mainnet will soon see a shift from a proof-of-work consensus mechanism to proof-of-stake in an upgrade called The Merge. This upgrade is part of a series of upgrades for the Ethereum blockchain ecosystem, which includes The Surge, The Verge, The Purge, and The Splurge. These upgrades are intended to make Ethereum more scalable and more energy efficient. The Merge upgrade will combine the Ethereum mainnet with the Proof-of-Stake Beacon chain and is expected to launch in September 2022.
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