What Is Ethereum Merge? | Ethereum Merge Explained in 7 minutes | Cryptocurrency | Simplilearn

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In this video on What Is Ethereum Merge?will help you understand all the necessary details and concepts related to the launch of Ethereum Merge and how this idea came into existence. This video will help you get an idea over how The Mergeis going to revolutionize the Crypto World with the help of Proof of stake and what impact it will bring to its ETH. In the end, it will give you a gist over all the necessary changes it is going to bring for Ethereum.

In this video, you will learn -
00:00 Introduction to Ethereum Merge
01:13 What Is Ethereum Merge?
02:12 Benefits of The Ethereum Merge
03:06 What Will Happen to ETH?
03:49 Relationships between Upgrades

Slideshare Link: https://www.slideshare.net/Simplilearn/what-is-ethereum-merge
*What Is Ethereum Merge?*
The Merge brought together Ethereum's initial execution layer and its newest proof-of-stake consensus layer, the Beacon Chain. It made it redundant to mine cryptocurrency, which used a lot of energy and allowed the network to be protected with staked ETH instead. Adding greater scalability, security, and sustainability was a very exciting step toward achieving the Ethereum mission.
In the beginning, Mainnet and the Beacon Chain were sent separately. Proof-of-work continued to be used to secure the Ethereum Mainnet, which includes all of its accounts, balances, smart contracts, and blockchain information, while Beacon Chain operated in parallel using proof-of-stake.

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