CHAINGAIN

The ETH Merge is almost here! Here’s some things to take note of 👇🏼

➡️The transition to POS will change how the supply of ETH is managed.
➡️Post Merge: ETH supply growth will be negative, meaning a deflationary environment, which may prove beneficial for ETH hodlers.

With the change to Proof-of-Stake:
➡️ETH miners will no longer be validating and building the transaction blocks. Instead, ETH stakers will create new blocks through smart contract validations.
➡️ Proof-of-Stake is known to have increased scalability and security as a few of the many benefits.
➡️ It will no longer require miners to use extreme amounts of energy to compete for block rewards. The will result in a much more energy-efficient protocol for the ETH ecosystem moving forward.

What are your thoughts on the upcoming Merge? 🤔 Comment below 👇🏼