Ethereum the world’s most used cryptocurrency blockchain network completes the upgrade of the Ropsten testnet known as “The Merge on Ropsten” bringing it closer to the major software upgrade of the mainnet. The testnets are used by developers to find potential bugs and glitches before they proceed to move their applications to the blockchain.

It is however important to note that Ethereum’s price may not necessarily enjoy an uplift even if “The Merge” proves to be successful as long-term issues such as transaction fees, network dominance, and competing blockchains have not been addressed adequately.

Ropsten is one of Ethereum’s oldest testnets and “The Merge” worked on Ropsten without any major glitches.
Earlier this year, “The Merge” was carried out on other testnets but Ropsten is seen as providing the most realistic technical environment for the outcome of the main Ethereum network merge later this year.

“The Merge” marks a significant upgrade for the Ethereum blockchain that will be moving to a proof-of-stake system to secure transactions. This will enable existing holders of Ethereum to stake their cryptocurrency to act as validators of transactions.

“The Merge” is expected to reduce the carbon footprint of Ethereum by 99% and slow down the issuance of new Ethereum tokens that could boost the price of Ethereum as some suggest.

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