Ethereum Foundation Clarifies Merge Upgrade Will Not Reduce GAS Fees

fromA new clarification by the Ethereum Foundation on Wednesday indicates that the upcoming upgrade will shift to The proof-of-stake, known as “merge,” does not reduce GAS fees.

“GAS fees are related to network capacity. which the transition to use proof-of-stake No parameters have been changed that directly affect network capacity or throughput.”

The Merge eliminates the need for energy-intensive mining operations. While many investors and traders buy Ether in anticipation of an upgrade, Merge and some seem to still misunderstand that. Network capacity will increase with actual upgrades.

In addition, transactions will not be noticeably faster after the merge, however, the APR yield after the merge is expected to increase by 50% compared to the present to attract capital. Client developers are working towards a preliminary deadline of September 19 to complete the Merge.

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