Ethereum Merge - A Simplified Guide

The "Ethereum Merge" has been the talk of the town for the past few weeks, with Google hyping it more with a countdown timer featuring two Pandas approaching each other and quoting the merge date of September 15, 2022. Ethereum’s successful merge is a huge step for the community and a pathway towards mainstream adoption that can bring in billions of users to Web 3. Ethereum's blockchain, being the base for thousands of upcoming and well-known firms, has taken this valiant leap in conserving the environment as well as increasing the speed and scalability. A significant upgrade to its blockchain network—the Merge, Ethereum, the second largest crypto token—has now switched from a proof-of-work (POW) mechanism to a proof-of-stake (POS) mechanism.According to Ethereum developers, this upgrade will make the $60 billion ecosystem that houses crypto exchanges, lending companies, Non Fungible Token (NFT) market places, and other applications more secure and long-la...