Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

The Merge, the first of five planned upgrades for the network, may only increase transaction speeds by 10% by reducing block times, according to the report. It, however, lays the path for the “Surge,” which is the next planned upgrade for the network and promises to bring 100,000 transactions-per-second (TPS) capability to the blockchain, the report added.