$ETH: The “Merge” Protocol Upgrade Will Not Lower Ethereum’s Gas Fees

Contrary to what many seem to believe, Ethereum’s upcoming “Merge” hard fork, which is when the Ethereum network is making the transition from proof-of-work (PoW) to proof-of-stake (PoS), will not lower Ethereum’s gas fees (i.e. transaction costs). Here is how Ethereum Foundation explains The Merge, which is expected to take place around September 15: “The Merge represents […]