Ethereum Merge: what does it mean for payments?

  • The Ethereum Merge will turn the network into a Proof-of-Stake blockchain.
  • Ethereum 2.0 will be more scalable and energy-efficient.
  • Clients of NOWPayments will continue enjoying ETH payments after the merge.

What is Ethereum 2.0 and the Merge?

Ethereum 2.0

The ETH Merge

What exactly will happen during the Merge?

Benefits of Ethereum moving to proof of stake

Scalability

Accessibility

Sustainability

Security

Will NOWPayments support Ethereum 2.0?

Ways of accepting ETH payments

How to create a Payment Link

  • Step 2. Enter your public ETH address.
  • Step 3. Generate an API key in “Store Settings”
  • Step 4. Press “Create Payment Link” on the “Invoices” page.
  • Step 5. Enter the details of your payment link.
  • Step 6. You will receive a payment link that your clients will be able to settle by simply scanning its QR code.

Conclusion

FAQ

Is ETH 2 a new coin?

Will the gas be cheaper after the merge?

How will The Merge affect me?

What is “Ethereum Sharding”?

What will happen to Ethereum when 2.0 comes out?

Why use NOWPayments.io?

  • Over 150 cryptocurrencies are accepted on the platform with an in-built exchange feature;
  • API, widgets, plugins, links, and buttons are all easy to integrate;
  • It is a non-custodial service ensuring the security of your funds;
  • A very simple setup

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