What are the consequences of the merger for Ethereum?

Ethereum is changing the consensus process from Proof of Work (PoW) to Proof of Stake (PoS).

The merger of the blockchain with the PoS-based beacon chain is called a merge and is expected to take place in September.

From then on, the network secured itself with ether deposits – the stake – instead of computing power. This ends the electricity-intensive mining at Ethereum.

The blockchain saves an estimated 99.95 percent of its previous requirements.

This will be followed by upgrades designed to scale the network. The focus here is on Layer 2 solutions that increase throughput and reduce costs.

There we clarify the most important questions about the consensus change in conversation with Ethereum developer Ben Edgington.

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