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The Merge is Ethereum's significant transition from the Proof of Work (PoW) to the Proof of Stake (PoS) consensus mechanism. This shift aims to make the network more energy-efficient and scalable. Validators will replace miners, securing the network by staking their own ETH. This change promises enhanced security, reduced environmental impact, and potential benefits for stakers. The Merge marks a new era for Ethereum, enhancing its ability to support decentralized applications and the broader crypto ecosystem.
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