Welcome to new Ethereum | Your Questions Answered

All about New Ethereum

What is EthMerge?

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When did it happen?

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What changed?

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Is it Green blockchain?

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What happen to old ETH

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Can i use the network?

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What about ETH Mining?

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Does it reduce Gas fees?

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Also Read:

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We're on You Tube

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All about New Ethereum

All about New Ethereum

What is EthMerge?

What is EthMerge?

ETH merge is a scheduled event planned by Ethereum team to switch the network from PoW consensus to POS.

When did it happen?

When did it happen?

EthMerge took place on Sept 15th 2022. The network has tested the changes on 5 testnets before going ahead with mainnet.

What changed?

What changed?

Ethereum network is more efficient than before. It is faster & congestion free with tps rising from 15 to 1500

Is it Green blockchain?

Is it Green blockchain?

Yes, switching from mining based proof-of-work to proof-of-Stake consensus. The new Ethereum chain is a green blockchain.

What happen to old ETH

What happen to old ETH

The old ETHs are still valid on the blockchain. Users may have to follow a simple process to migrate them to the new chain.

Can i use the network?

Can i use the network?

Yes, the system has been updated. Users can use the Ethereum network as they use it before with faster settlements.

What about ETH Mining?

What about ETH Mining?

Users won't be able to mine Ethereum using mining devices. Join the validator nodes & stake Ethereum to get rewards

Does it reduce Gas fees?

Does it reduce Gas fees?

It won't reduce the gas fee immediately but over a period of year the gas fee reduction will be visible to the users

Also Read:

Also Read:

1..Why is Crypto down

1..Why is Crypto down

2..ED Raids

2..ED Raids

3..Do Kwon Arrested

3..Do Kwon Arrested

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