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Does the merge come with any real world benefits? Besides now not needing the yearly power consumption of Belgium. Like... Can i buy bread and milk with this t
by swarnie 4y ago
Does the merge come with any real world benefits? Besides now not needing the yearly power consumption of Belgium.
Like... Can i buy bread and milk with this thing any time soon?
- TakeBlaster16 4y agoFrom TFA: > Misconception: "The Merge will reduce gas fees." > False. The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees. > Misconception: "Transactions will be noticeably faster after The Merge." > False. Though some slight changes exist, transaction speed will mostly remain the same on layer 1.
- brian-armstrong 4y agoNo. It's still a cryptocurrency.
- timbit42 4y agoThe only benefit of the merge is energy consumption will be reduced to about 1/1000th what it is now.
- rvz 4y ago> Like... Can i buy bread and milk with this thing any time soon? No. Ethereum still cannot be used as a form of payment.
- redox99 4y agoIt also greatly helps with GPU shortages because they aren't needed for mining anymore.