Ethereum

Ethereum Blocks Generated Every Day Surge Due To The Merge

The Merge update for Ethereum (ETH) has been shown to improve the production of new Ethereum blocks.

The Merge was regarded as one of Ethereum’s most important enhancements. The crypto community has been plagued by several misunderstandings including lower gas prices and speedier transactions.

However, among the noticeable gains witnessed by the blockchain following The Merge include a significant rise in daily block generation and a significant drop in average block time.

On September 15, the number of blocks generated daily increased by around 13.8%, from around 5,900 to 6,700 blocks per day. This is also the day The Merge was successfully deployed.

Ethereum Blocks Per Day. Source: YCharts

In addition, according to YCharts statistics, Ethereum’s average block time — the time it takes miners or validators inside a network to validate transactions — has reduced by more than 13%.

Ethereum Average Block Time. Source: YCharts

The findings above demonstrate The Merge upgrade’s favorable influence on the Ethereum blockchain.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.