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Last week, the expected Ethereum merge took place under the name of The Merge, in which the original PoW Ethereum and Beacon Chain chains were merged into a single chain. This event has been catalogued as one of the most representative in the short history of blockchain, although the effects derived from it are not always correctly explained. In this post, we intend to describe the process, as well as the new functionalities or features that Ethereum 2.0 presents, and the implications for scalability and ESG.
What is The Merge?
The Merge, as defined by the Ethereum Foundation itself , is the merger of two separate blockchains under a single one. Specifically, the Ethereum blockchain has been merged with the Beacon Chain, which was the new chain launched and maintained by the Ethereum Foundation itself. The main difference between the two lies in the use of a different