Ethereum’s Massive Upgrade Won’t Boost Speeds or Lower Transaction Fees, Cautions Crypto Asset’s Main Backer
August 18 2022 - 6:01PM
The Daily Hodl
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
[…]
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Ethereum’s Massive Upgrade Won’t Boost Speeds or Lower Transaction
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