Andrey Sergeenkov, an independent researcher in the cryptocurrency space, said that, contrary to what most people think, TheMerge will not change ETH -0.36%-news/">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.
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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.
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