Changes In The Merge Ethereum, Understand This!

In an uncertain market environment, Ethereum keep moving up to Ethereum 2.0. Vitalik Buterin, creator of Ethereum, conducted The Merge Ethereum in September 2022. 

Ethereum 2.0 is the effort of the Ethereum development team to revolutionize the authentication process used in processing transactions that occur on blockchains Ethereum.

Not only that, there are a lot of things Ethereum wants to do with the Ethereum 2.0 upgrade. One of them is the use of shard chains, which will help expand the capacity of the network to upgrade and store data. 

So, what is The Merge Ethereum? What effect does this connection have? Come on, see more in the following review. 

Know What The Merge Ethereum Is

The Merge Ethereum also known as Merge, is the effort of the Ethereum development team to bring the Ethereum blockchain to another, also known as Ethereum 2.0. 

With the entire blockchain network moving forward with the new system, it is expected that the Ethereum blockchain will be efficient, sustainable, and scalable.

This Ethereum 2.0 upgrade will be a complex process, as no blockchain of this scale has revised its consensus rules to date.

Changes Inside The Merge Ethereum

To increase the number of supporters and work using PoS, the Ethereum mainnet using proof of work and Beacon Chain must be connected. Developing Ethereum 2.0 involved three steps. 

The first is the start of the Beacon Chain. This process is the design of a new network system on the blockchain that the Ethereum network will use to move from Proof of Work to Proof-of-Stake. 

Beacon Chain was officially launched in December 2020 and runs alongside the Ethereum mainnet. The second part is combination. Where the mainnet will be connected to the Beacon chain and the Ethereum network will start working using Proof-of-Stake. 

The final part of the Ethereum 2.0 upgrade is called sharding, which will remove data barriers, high gas fees, and support Layer 2 processing. It's not yet known whether sharing will keep gas costs down.

Set to go public in 2023, sharding will see the main Ethereum blockchain broken into smaller chains for different parts of each data set. 

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Once cleaned, Ethereum will be able to handle thousands of transactions per minute. Compared to the 7-15 transactions per second that are currently being handled.

Considering the three methods above, this upgrade will solve the network scalability problem, making it comparable to centralized payment systems such as Visa. 

In addition, this upgrade will also reduce barriers to entry, as sponsors will store or destroy data for a portion of the entire blockchain.

The merge is a major improvement to the Ethereum network as it directly affects the network authentication process used to ensure blockchain security.

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In general, these improvements will not affect network scalability in the short term, but will be felt in the future.