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What is the term used for the process of upgrading Ethereum's network?AForkBMergeCUpdateDPatch

Question

What is the term used for the process of upgrading Ethereum's network?

A) Fork
B) Merge
C) Update
D) Patch

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Solution

The term used for the process of upgrading Ethereum's network is B Merge.

Explanation:

The Merge refers to Ethereum's transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism. This significant change was initiated to improve the network's scalability, security, and energy efficiency, allowing Ethereum to process transactions more quickly and with less energy consumption. The Merge integrated the existing Ethereum mainnet with the Beacon Chain, marking a pivotal moment in the Ethereum ecosystem. This upgrade is crucial as it aims to reduce Ethereum's overall energy footprint and form the foundation for future scalability solutions like sharding. Thus, among the options provided, "Merge" is the correct term that signifies this important upgrade to the Ethereum network.

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