Former DeFi Researcher Reveals What To Expect From Ethereum After ‘The Merge’
“The Merge” from Ethereum is one of the most anticipated events within the crypto community. As enthusiasts – both Ethereum proponents and non-proponents – await this crucial event, there are speculations on what the effects will be on the Ethereum network. A former DeFi researcher from Celsius has outlined some things to expect.
ETH inflation rate will drop from 0.22% to 4.3% post-merge
Defi researcher Vivek Raman, mentioned a few things the crypto community should expect on the Ethereum blockchain post-merge. One of which is that the fees on the Ethereum layer-1 network will not be reduced.
“Fees are a function of blockspace demand, NOT consensus mechanism,” he said, noting that even though The Merge will see the Ethereum blockchain transition from a PoW to a PoS consensus mechanism, the fees on ETH layer-1 will remain the same.
Raman further pointed out that the crypto community should not expect...
Read Full Story:
https://zycrypto.com/defi-researcher-reveals-what-to-expect-from-ethereum-aft...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.