Did you know that ETH has launched Kiln, the final testnet that the blockchain network’s development community will use before the long-awaited transition to a proof-of-stake (PoS) consensus mechanism?
Now that Kiln is operational, it should only be a matter of time until Ethereum completes its ‘merge’ with the PoS beacon chain, which is due for Q2 2022.
This merge, which will see Ethereum’s original execution/settlement layer interact with the beacon chain’s new consensus layer, is expected to be one of the most significant developments in the cryptocurrency business in 2022. What are your thoughts on all of this?
Do you believe the merge will be beneficial in terms of gas prices and transaction speed? I’d appreciate your responses since I’m starting to use some new NFT markets, and this information would be really useful because I’m planning to buy some NFTs on nOFTEN. It’s past time to fix this problem. I’m tired of it, and I know you all are as well.
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