The Merge is scheduled for tomorrow. The Ethereum Mainnet (“Ethereum” as we know it today) will join with the Beacon Chain (see here for details). Effectively, this means: 1. Ethereum will transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism.
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The Merge: Longer-term implications for…
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The Merge is scheduled for tomorrow. The Ethereum Mainnet (“Ethereum” as we know it today) will join with the Beacon Chain (see here for details). Effectively, this means: 1. Ethereum will transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism.