How might Shiba Inu be affected after Ethereum merge?

The Ethereum merge is likely to happen in September and has been one of the much-awaited upgrades in the history of the crypto sector.

The transition from PoW to PoS will fundamentally change the way things work. The new configuration will make the network more affordable, faster and energy efficient. Proof-of-Stake is subject to different criteria than Proof-of-Work. Verifiers will replace miners. The entire Ethereum network will undergo a massive transformation.

This will eventually impact everything powered by the Ethereum network, including the Shiba Inu. SHIB, which has emerged as one of the most popular memecoins with a lot of growth planned for the coming year.

As the merger draws closer, here are some possible changes that could happen to SHIB and its ecosystem.

Ethereum Merge and Shiba Inu

The Ethereum merge will see the beacon chain merge with the mainnet. The primary and final change that will accompany the merge will be the network’s transition from proof-of-work to proof-of-stake. However, this infection will not interfere with the normal functioning and functioning of the Shiba Inu.

The primary change would be the process of validating the transaction. Miners will be replaced by validators, which will change the process of validating each transaction. The merger claims to be an environmentally friendly consensus, and this change may be evident in the SHIB transaction, as it may lead to some post-merger delay. This is just a possibility, as a successful merge may not hinder the transaction, but it may take some time to settle.

Ethereum Sharing and Its Effects

Ethereum sharing, a work-in-progress that is expected to be implemented in 2023, is said to improve scalability. Ethereum 2.0 is expected to improve transaction speed and network capacity.

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The Ethereum network has a long history of high gas fees that have disappointed the ETH community. A potential sharding launch is likely to lower gas charges, which could be good news.

For all SHIB holders who are concerned about high ETH gas fees, Shiberium may prove to be a relief as it can help reduce gas charges with its transaction bundling capability.

These are all just possibilities as the results and effects can only be analyzed after the Ethereum merge. In addition, the Shiba Inu is showing more and more development throughout the year. The bundle of development to be deployed by the SHIB team is such that it does not expect a merger as it is able to bring its development on its own.

More impacts of the Ethereum merge can be analyzed once it goes live in September. The likely outcome of a merge cannot be predicted precisely because it is something to be evaluated throughout the process.

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