There was a lot of hype created around the Ethereum merge on the Internet, and It was finally completed at 1:30 PM IST
Vitalik says that converting Ethereum from proof of work to proof of stake makes it more environment friendly
The biggest Claim is that after merge electricity usage will be reduced by 0.2 percent worldwide which is great
The cost of Transactions will eventually decrease, which will attract more
users to use blockchain.
Now you
cannot Mine Ethereum from mining rigs or software, which will result in limiting its supply.
Once th
e supply is limited, the price of that commodity will increase sooner or later
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