About the Ethereum Merge:
The Ethereum “Merge” was completed on September 15, 2022, when the original execution layer and the proof-of-stake Beacon Chain were combined into a single chain.
After switching to proof of stake, block production no longer involves competing for computational power. Instead, validators who have staked ETH produce blocks and vote to confirm them according to the protocol rules.
$ETH 2237.44(-0.24%)
The Ethereum “Merge” was completed on September 15, 2022, when the original execution layer and the proof-of-stake Beacon Chain were combined into a single chain.
After switching to proof of stake, block production no longer involves competing for computational power. Instead, validators who have staked ETH produce blocks and vote to confirm them according to the protocol rules.
$ETH 2237.44(-0.24%)