Too Long; Didn't Read
The launch of the new version of the Bitcoin-backed cryptocurrency, known as the Ethereum Merge, will take place in August 2022. This major upgrade will bring some huge changes to the second largest cryptocurrency. If everything goes according to plan, it should make the Ethereum blockchain faster, cheaper, more energy efficient, and secure. The switch to proof of stake mechanism will see users secure the network by staking the network. This means users will be able to increase the number of users actively supporting the network's operation.