NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

The Upcoming Merge Will Not Reduce Gas Fees, Clarifies Ethereum Foundation

Anifowoshe Ibrahim
Anifowoshe Ibrahim
2 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

There are likely to be rumors and misconceptions about the Ethereum Merge because it is one of the most anticipated events in the cryptocurrency space in recent years. The Ethereum team has addressed some of these misconceptions in a new blog post, as it will go live in a few weeks.

Reduction Of Gas Fees? Nope

The present proof-of-work mechanism will come to an end when the Ethereum Mainnet merges with the Beacon Chain proof-of-stake system. Since this mechanism uses so little energy, according to the blog article, Ethereum’s energy consumption will be cut by 99.5%.

But the Ethereum Foundation clarified on Wednesday that the network’s next proof-of-stake temporary upgrade, known as the “Merge,” will not lower gas costs. The Ethereum Foundation wrote this in relation to:

“Gas fees are a product of network demand relative to the network’s capacity. The Merge deprecates the use of proof-of-work, transitioning to proof-of-stake for consensus, but does not significantly change any parameters that directly influence network capacity or throughput.”

Energy-intensive mining will be unnecessary according to The Merge, which aims to combine the current Ethereum mainnet execution layer with its brand-new proof-of-stake consensus layer, the Beacon Chain. Within the third or last quarter of 2022, it is anticipated to touch down. Despite the fact that many traders and investors alike purchased Ether in preparation of the Merge update, some seem to have done so under the mistaken belief that the network’s capacity would increase after the upgrade went live.

Related Reading: Ethereum Hits New Milestone, Investors Accumulate Ahead Of Merge

Other Things To Know About The Ethereum Merge

The foundation also assessed the claim that “32 ETH is required to run a node” to be untrue. They claim that there is no set number of persons who can run a node and that ETH is not required in the traditional sense.

To begin with, there are no initial Ether staking requirements and anyone is allowed to sync their own self-verified copy of Ethereum or to run a node. It is not feasible to withdraw staked Ether until the subsequent Shanghai upgrade is operational. However, benefits for liquid ETH in the form of fee tips will be accessible right away. Once launched, withdrawals from the validator will be rate-limited to avoid a possible liquidity crisis.

Ethereum

Ethereum market cap stands at $225 Billion. Source: TradingView

After the Merge, transactions won’t move any faster either. To attract capital, the network’s APR returns are anticipated to climb by 50% after the merger. The Merge, which is planned to have minimal downtime during the transition, is now being developed by client developers with a possible completion date of September 19 in mind.

Validators will receive fee tips/MEV as compensation, which will be paid to a mainnet account and managed by the validator right after the merging.

In response to concerns that validator withdrawals would be made in large quantities once they are allowed, the foundation stated that “only six validators may exit per epoch (every 6.4 minutes, or 1350 per day, or only 43,200 ETH per day out of over 10 million ETH staked).”

To prevent a mass exodus, it further stated that the rate limit would be changed based on the amount of ETH still staked.

Related Reading: Upcoming ETH Merge Sees Institutional Investor Sentiment Turn Positive
Featured image from Shutterstock, chart from TradingView.com
Tweet123Share196ShareSend
Anifowoshe Ibrahim
Anifowoshe Ibrahim

Anifowoshe Ibrahim

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum New Addresses Surge To 256,817 In A Day – Matching 2017 And 2021 Bull Markets

Ethereum New Addresses Surge To Nearly 257K In A Day, Matching 2017 And 2021 Bull Markets

Ethereum has entered a correction phase after weeks of aggressive buying pressure that pushed the price to a local high...

Sebastian Villafuerte 1 day ago
Ethereum

Ethereum Price Crash: What’s Happening And Where ETH Is Headed Next

Crypto analyst Marcus Corvinus has commented on the Ethereum price crash, providing optimism about the altcoin’s recent decline. The analyst...

Scott Matherson 1 day ago
NFT, crypto

Crypto Hacks Surge 27% In July: $142M Stolen As 2025 Trend Continues

As the market soared in July, crypto hacks also saw a significant increase from the previous month, with crypto exchanges...

Rubmar Garcia 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely

Opeyemi Sule 16 hours ago
altcoin

Altcoin Rally To Commence When These 2 Signals Activate – Details

Semilore Faleti 20 hours ago
Ethereum ETFs

Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow

Sandra White 1 day ago

Premium Sponsors

Press Releases

  • Use Quid Miner cloud mining mobile app: easily earn passive...

    1 day ago
  • Najlepšia Kryptomena na Investíciu v Auguste 2025 – HYPER, MAXI, T6900, SNORT, SUBBD, BEST, ETH

    Najlepšia Kryptomena na Investíciu v Auguste 2025 –...

    2 days ago
  • A must-read for miners in 2025! ETHRANSACTION is disrupting...

    2 days ago
  • XRP vs. ETH vs. BTC: Ktorá kryptomena vedie tento týždeň na trhu?

    XRP vs. ETH vs. BTC: Ktorá kryptomena vedie tento...

    2 days ago
  • Nejlepší kryptoměny k investování v srpnu 2025 –...

    2 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.