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Who Is Really to Blame for SVB and the Banking Crisis There is one real culprit behind the collapse of Silicon Valley Bank and Signature Bank.

Many people are under the false impression that the Ethereum Merge was the end of the process of upgrading the network. It has just been the beginning and accounts for about 55% of what is to be done. The move to Proof-of-Stake from Proof-of-Work has drastically reduced energy consumption, but it will still take time for any meaningful decrease in gas fees and increase in transaction speeds.⁣
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Now that the long-awaited ETH merge has finally taken place it seems like, for now, Ethereum is a little exhausted. However, the long-term effects of this merge should be apparent the coming months. ⁣
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Some of the improvements should be:⁣
* About 99.95% lower energy consumption⁣
* Projected reduction in inflation from around 4.62% before the merge to around 0.49% post-merge⁣
* Now all economic activity - NFTs, stablecoin deposits and DEX trading - will be directly contributing to this deflation⁣
* Now there will be scalability upgrades that were not possible under PoW, to name just a few.

Now that the long-awaited ETH merge has finally taken place it seems like, for now, Ethereum is a little exhausted. However, the long-term effects of this merge should be apparent the coming months.

Some of the improvements should be:
* About 99.95% lower energy consumption
* Projected reduction in inflation from around 4.62% before the merge to around 0.49% post-merge
* Now all economic activity - NFTs, stablecoin deposits and DEX trading - will be directly contributing to this deflation
* Now there will be scalability upgrades that were not possible under PoW, to name just a few.

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