Merge is Completed ! Will Ethereum Work On Gas Fees Reduction Now?

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The post Merge is Completed ! Will Ethereum Work On Gas Fees Reduction Now? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

The most awaited Ethereum Merger was finally accomplished which is expected to enhance the scalability with a secure environment. The chain has become greener now as energy consumption has dropped more than 99%. On the other hand, the issuance of ETH tokens has also slashed heavily soon after the Beacon chain merger with the Ethereum Mainnet. However, the Ethereum gas fees remained less impacted by the event. As previously speculated by many, the gas fees could remain unaltered as the transition from PoW to PoS does not aim to address the high gas fee issue but may enhance the scalability of the platform.