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The Daily Hodl
2022-08-18 22:01:48

Ethereum’s Massive Upgrade Won’t Boost Speeds or Lower Transaction Fees, Cautions Crypto Asset’s Main Backer

Ethereum’s Massive Upgrade Won’t Boost Speeds or Lower Transaction Fees, Cautions Crypto Asset’s Main Backer

The main backers of Ethereum (ETH) are debunking misconceptions about how the upcoming Merge will affect the leading altcoin’s performance. According to an article on the Ethereum Foundation’s website, the top smart contract platform’s transition to a proof-of-stake mechanism from a proof-of-work one won’t reduce its transaction fees or boost its speed. The Ethereum Foundation […]The post Ethereum’s Massive Upgrade Won’t Boost Speeds or Lower Transaction Fees, Cautions Crypto Asset’s Main Backer appeared first on The Daily Hodl.

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