The "Merge" may not result in lower gas fees Says Ethereum Team

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While the crypto community has more expectations with the merger event, the  Ethereum team is clearing out a few misconceptions about the merger.

The Ethereum team stated that the upcoming Merge update will not lower the gas fees as the event includes a change of consensus mechanism, not an expansion of network capacity.

Additionally, the transactions won't be noticeably faster after The Merg as transaction speed will mostly be the same on Layer 1.