{"id":499092,"date":"2022-08-17T18:28:10","date_gmt":"2022-08-17T18:28:10","guid":{"rendered":"https:\/\/ktsl888.com\/?p=499092"},"modified":"2022-08-17T18:28:10","modified_gmt":"2022-08-17T18:28:10","slug":"the-upcoming-merge-will-not-reduce-gas-fees-clarifies-ethereum-foundation","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/the-upcoming-merge-will-not-reduce-gas-fees-clarifies-ethereum-foundation\/","title":{"rendered":"The Upcoming Merge Will Not Reduce Gas Fees, Clarifies Ethereum Foundation"},"content":{"rendered":"
There are likely to be rumors and misconceptions about the Ethereum Merge because it is one of the most anticipated events in the cryptocurrency space in recent years. The Ethereum team has addressed some of these misconceptions in a new blog post, as it will go live in a few weeks.<\/p>\n
Reduction Of Gas Fees? Nope<\/h2>\n
The present proof-of-work mechanism will come to an end when the Ethereum Mainnet merges with the Beacon Chain proof-of-stake system. Since this mechanism uses so little energy, according to the blog article, Ethereum’s energy consumption will be cut by 99.5%.<\/p>\n