Ethereum Merge is Now Live!

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The Ethereum (ETH) merge was officially completed, and the merge progress reached 100%. The current block height is 15537393.

The massive overhaul of Ethereum known as the Merge has finally happened, moving the digital machinery at the core of the second-largest cryptocurrency to a vastly more energy-efficient system after years of development and delay.

Having officially switched from its original proof-of-work consensus mechanism, the Ethereum blockchain’s energy consumption is expected to fall to between 99.5 and 99.99 percent.

One of the most prominent figures at the Ethereum Foundation Tim Beiko tweeted. "We're good. It's done. We Merged,"

Ethereum co-founder Vitalik Buterin says anyone who helped to make the Merge happen "should feel very proud," adding that it is a "big moment" for the entire ecosystem