Bl4ze14
@bl4ze14
Recent reports suggest that the Ethereum network is on track to merge with its proof-of-stake (PoS) blockchain, Ethereum 2.0, by the end of 2023. This upgrade aims to increase scalability and reduce energy consumption, making Ethereum a more viable alternative to other smart contract platforms. The merge is expected to have a significant impact on the DeFi ecosystem, with potential benefits including faster transaction times and lower gas fees.
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