In the world of digital technologies, Ethereum has grown into a juggernaut that is only second to Bitcoin. Ethereum gained its position due to its smart contracts and its versatility in handling all kinds of transactions. This platform has gained the moniker “the internet of assets” due to its diverse application in multiple sectors. The platform has had diverse applications, such as the development of a cryptocurrency, ownership of assets, and project development. The diverse applications have seen the platform’s value bloom over the last few years. However, this growth has recently stalled. This stalling is due to some issues that have weighed down the monolithic technological platform and competition from other blockchain platforms. As a result, changes to the platform in the form of the Ethereum Merge were announced and rolled out. This merge is considered a historical moment in the Crypto world. This article will explore the impact of ETH merge on its supply, the environment, and its holders. What is the Ethereum Merge? The term merge refers to a number of changes to the Ethereum network that will roll out from June 2022. The merge is typically a change from the proof-of-work (PoW) system currently used to the proof-of-stake (PoS) system that is common in newer blockchains. The merge will facilitate the combination of the Ethereum Mainnet and the beacon chain. This change will involve the combination of the existing execu...
