Ethereum's merge goes live. How it could impact Web3 enterprises?2 min read . Updated: 15 Sep 2022, 12:49 PM IST
- While The Merge may not affect most enterprise use cases that are presently in use, it will materially change how businesses view Ethereum, say experts
The network has officially switched over to proof-of-stake as a result of the Ethereum Merge (PoS). The Beacon Chain's consensus layer and the Ethereum Mainnet execution layer were merged on September 15 at 06:42:42 UTC at block 15537393, resulting in the long-awaited Merge. As a result, the network will no longer rely on a proof-of-work consensus method.
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