LE FIGARO: What will be the main effects of the new protocol for the Ethereum ecosystem?
Joseph Lubin. – The main impact of The Merge is first and foremost the unprecedented achievement of energy efficiency, with a 99.5% reduction in carbon footprint due to the reduction in energy required by the blockchain.
We are also increasing the diversity and decentralization of the network, going from a system with less than 10,000 independent “validating nodes” to a system with more than 400,000 “validating” nodes. This decentralization is the source of trust in blockchain. In a massively decentralized network like the one we’ve built, it’s economically very costly to want to disrupt the ecosystem’s history.
“Merging” removes any resistance to using Ethereum. By increasing both the scalability of the blockchain and the decentralization of the network, which is actually an increase…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.