In September 2022, Ethereum transitioned from a proof of-work chain to a proof-of-stake chain. The Merge laid the groundwork for fixing the problems that slow down the beleaguered blockchain, while instantly making it 99% more energy efficient. PoW chains take the computationally intensive part of mining out of the equation.
Table of contents
The MergeMerge TimelineThe Merge and Ethereum’s TokenomicsEthereum upgrades after The Merge31 Impressions