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WebsCrypto—News—Ethereum Merger Upgrade Will Not Reduce Ethereum’s Gas Fees
News

Ethereum Merger Upgrade Will Not Reduce Ethereum’s Gas Fees

By WebsCryptoAugust 16, 20221 Min Read
Ethereum Merger Upgrade Will Not Reduce Ethereum’s Gas Fees
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Andrey Sergeenkov, an independent researcher in the cryptocurrency space, said that, contrary to what most people think, TheMerge will not change Ethereum’s gas fees. It did not expand network capacity nor provide a more efficient transaction structure.

This is a consensus mechanism change that will pave the way for future transaction fee improvements, but lower gas fees will not come from mergers.

In addition, Anthony Scaramucci, founder of investment firm Sky Bridge Capital, also said that the Ethereum merger and upgrade will reduce the network’s gas fees are rumors.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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