How Ethereum’s Merge Accelerated Adoption Of The Ecosystem?

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Ethereum's much-awaited Merge upgrade was just finished last week,

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has helped layer two blockchains built on top of Ethereum,

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offering scaling solutions, a low carbon footprint, and a push forward

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institutional adoption, according to Mihailo Bjelic, co-founder-founder of the polygon.

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The Merge transformed Ethereum's proof-of-work consensus algorithm to proof-of-stake.

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In proof of work, the blockchain is secured by miners and requires a huge amount of computational power.

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But, Now in proof-of-stake, the blockchain is secured by stakes and needs a low amount of power to compute.

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According to the Ethereum Foundation, Merge causes lowering the carbon footprint by more than 99.9%.

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The reduction in power consumption helped facilitate more institutional adoption.

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Ethereum-based, Polygon announced partnerships with Starbucks SBUX, Coca-cola, and Meta.

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Waht is solana ?

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