The Ethereum Merge is approaching and having the most accurate information is essential. Let’s debunk 5 of the most popular myths around this event and learn what you can expect from it ⤵️
The Merge is an upgrade to the Ethereum network, not the beginning of a whole new network or token. After The Merge is complete, ether will remain the Ethereum blockchain’s native asset.
As we approach the date of The Merge, users should be wary of anyone offering “ETH2” tokens. ETH holders can refer to ourMyth 2: Gas Fees Will Decrease That said, Ethereum’s next major upgrade — sharding, which is set to launch in 2023 — aims to address gas fees by reducing network traffic and splitting the blockchain into smaller, more manageable parts.There’ll be a slight improvement in transaction speed, with block publishing time going down from Ethereum Mainnet’s 13 seconds to Beacon Chain’s 12.2 seconds. Despite this 10% increase in speed, the change will be unnoticeable for most users.
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