The
One of the most anticipated events in #crypto history, the #merge, which will see Ethereum transition from a #proofofwork blockchain to a #proofofstake blockchain is about to take place.
In this video, I explain what is the Merge, what will be its practical impact and what are the 5 key things you need to know.
0:00 - Introduction
1:31 - 1. Anyone is free to run a node with no staked ETH required
2:22 - 2. The switch from proof-of-work to proof-of-stake will have no significant impact on lowering transaction fees
2:58 - 3. The switch from proof-of-work to proof-of-stake will have no significant impact on transaction speeds
3:30 - 4. The Merge will not enable staking withdrawals
3:54 - 5. The Merge will not require any downtime of the Ethereum network
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#ethereum #ethereummerge #eth #blockchain #markets #technology #technologynews #fintech