MultiversX Tracker is Live!

To any new comer. The merge will reduce energy consumption by a huge margin but won’t have a significant affect on gas fees. Sharding is what will reduce gas fees.

Etherum Reddit

More / Etherum Reddit 156 Views

While a considerable number of users on the subreddit have been using Ethereum, L2s and sidechains for a while, there are also new comers joining everyday (niceeee).

I’m seeing a couple posts here and there about “how will the merge affect gas fees?” and comments about “should I sell my L2 and sidechain tokens?”

The answer is no. In fact, the merge will most probably drive more activity on the platform making traffic worse which might theoretically increase the demand on scaling solutions overall.

The end goal is to reach ETH2.0 which is a phenomenally more advanced version of the Ethereum we have now. But that will happen in slow steps and phases. Part of these steps is lowering energy consumption which is the whole idea behind the merge from PoW to PoS.

For now keep your L2 tokens and maybe even accumulate more to cash in on a decent profit. Personally I’m betting my money on Polygon. They already have the largest number of daily active users between all scaling solutions plus it kinda easiest to build on seeing that they already have 19,000 dApps onboard.

I also think Optimism might have a chance at making it big especially after the recent updates with the token release but I tend to lean more towards zk tech honestly cause I personally think it’s much more superior and has more potential for the long term.

submitted by /u/CommunicationNo3845
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments