MERGE COMPLETE!
ETHEREUM 2.0
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The ETH Merge happened on: 9/15/2022, 6:42:42 AM UTC
The Merge is based on a target Terminal Total Difficulty (TTD) of 58750000000000.
WHAT IS THE MERGE?

The Merge is the next step in the evolution of Ethereum. It is an upcoming event that will see the existing execution layer merged with the recently deployed consensus layer (the Beacon Chain) — this will form a mainnet platform secured by proof-of-stake, while still maintaining the original Ethereum state.

Right now, there are two independent blockchains for Ethereum operating in isolation. These are the current proof-of-work (POW) Ethereum chain and a separate proof-of-stake Beacon Chain.

FAQs

Q: Will The Merge reduce my Ethereum gas fees?

A: No. The switch from proof-of-work to proof-of-stake does not actually change anything about the network that would lead to lower gas fees. It’s only with later improvements, including the 2023 sharding upgrade, that should see Ethereum's throughput dramatically increase as blocks are produced in parallel — bringing down fees as a result.

Q: Will The Merge increase Ethereum transaction times?

A: No. The Merge will actually slightly decrease Ethereum transaction times. Under proof-of-work, Ethereum generates a block every 12-14 seconds (currently averaging at 13.36 seconds). Following The Merge, a new block will be generated every 12 seconds — more than 10% faster than before. This will mean transactions will be confirmed roughly 10% faster in most cases.

POLLS
18.49%
PoW
PoS
81.51%
18.49%
81.51%
PoW
PoS
ETH Merge Risk? Which Chain Would Take Over?
BSC
Cardano
Ethereum Classic
Solana
Polkadot
Avalanche
Tron
Polygon
Arbitrum
Optimism
LIVE DISCUSSION
MORE ABOUT THE MERGE
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