Officially
The Merge represents the joining of the existing execution layer of Ethereum (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step in realizing the Ethereum vision – more scalability, security, and sustainability.
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Unofficially
The Merge represents an immense milestone in the journey of a few million people's lives participating in the experiment of Ethereum. We are those people. Ethereum altered the course of the world by empowering us to build a new future focused on individual empowerment, the right to privacy, and...