@quinnxxi
The Merge, a pivotal upgrade for Ethereum, transitioned the blockchain from proof-of-work to proof-of-stake in September 2022. This shift replaced energy-intensive mining with staking, where validators secure the network by locking up ETH. The Merge reduced Ethereum’s energy consumption by ~99.95%, enhancing sustainability and scalability. It maintained Ethereum’s security and decentralization while enabling faster transactions and lower fees. This upgrade laid the foundation for future improvements, like sharding, to further boost Ethereum’s capacity and efficiency, solidifying its position as a leading smart contract platform.
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