What is Ethereum Merge ?

Ethereum is planning to move away from its current proof-of-work system to a proof-of-stake system. This change is known as the Merge, and it could have a major impact on how the Ethereum network functions.

Proof-of-work (PoW) is the system that Ethereum currently uses to confirm transactions and produce new blocks. It involves miners competing to solve complex mathematical problems in order to earn rewards. The downside of PoW is that it requires a lot of computational power and energy, which can be costly.

Proof-of-stake (PoS) is an alternative system that doesn’t require as much energy. Under PoS, users will be able to stake their ETH in return for a chance to earn rewards. This could be a more sustainable way of running the Ethereum network, as it would require less resources.

The Merge is still in the early stages of development, and it’s not clear when it will happen. However, it could have a big impact.