[Term explained] What exactly did Ethereum’s “Merge” merge?
The Beacon Chain launched on December 1, 2020, and ran in parallel with the original proof-of-work mainnet for nearly two years before the official Merge.
You can think of the “Merge” as changing the engine on a plane while it’s in flight: account balances, contracts, and transaction history all stayed the same; what changed was how blocks are produced.
After the “Merge,” newly issued $ETH was no longer given to miners, but instead awarded to validators. Current price: 2504.06.
Every kind of return comes with corresponding risks, so first consider how much you could lose in the worst-case scenario.
#ETH
The Beacon Chain launched on December 1, 2020, and ran in parallel with the original proof-of-work mainnet for nearly two years before the official Merge.
You can think of the “Merge” as changing the engine on a plane while it’s in flight: account balances, contracts, and transaction history all stayed the same; what changed was how blocks are produced.
After the “Merge,” newly issued $ETH was no longer given to miners, but instead awarded to validators. Current price: 2504.06.
Every kind of return comes with corresponding risks, so first consider how much you could lose in the worst-case scenario.
#ETH