Learn all the details about the update that is scheduled to occur on Ethereum in 2023
One of the most expected updates to the Ethereum network was the Merge, which started on the altcoin network in September 2022. The hard fork arrived intending to bring the proof of stake consensus model to ETH. Now, the altcoin investors await theTraders have extremely elevated expectations for the update that should take place in 2023. After all, Shanghai will bring liquidity to Ethereum, as the cryptocurrency units that are staking on the Beacon Chain will be released for trading.
First, with attractive rewards on ETH staking, the choice may be made to leave the altcoin locked to help with network validation and still earn passive income.is not just any altcoin but the most prestigious on the cryptocurrency market. Finally, network upgrades are often beneficial for altcoins. ETH's transition to proof of stake proved that. Although the hard fork was priced in and the crypto did not grow much after it arrived, pre-Merge volatility was positive.
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