The Ethereum Merge, which took place on September 15, 2022, marked a significant transition for the Ethereum network from a Proof of Work (PoW) consensus mechanism to a Proof of Stake (PoS) system. This change was primarily aimed at reducing Ethereum’s energy consumption and setting the stage for future scalability improvements. However, it did not directly address the issue of gas fees, which are the transaction costs on the Ethereum network.Here are some reasons why gas prices did not decrease after the Merge:
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