The ETH Merger. How it will be?

Remember ETH 2.0, PoS, low gas and all that stuff? Today, let's sort out what to expect from the highly anticipated event and what not to expect.

The merger is expected on June 22, and a question on many people's minds is, if everything is so hot as expected, what do we need other L1 blockchains like Avax and Solana (spoiler - we still do)?

At the moment, Ether is running on Proof of Work and is eating up a lot of electricity. However, there has been a test Beacon Chain since December 20; accordingly, after the transition, as in Gorz, there will only be one left alive. So! The cost of gas will remain the same, and it's all solved now with (suddenly) L2 solutions like Arbitrum, Metis, Optimism, etc.

Ethereum itself is working on a sharding that should solve the gas price problem, but it's not scheduled until 2023. Given that other L1-blockchains have their chips too - for example, Luna focuses on stables and mass adoption, plus no one has cancelled unique projects on those very L1-blockchains.

Therefore one should not expect manna from the merger and burial of Ether's competitors; some will die, of course, but in a pretty natural way: not finding an application or notwithstanding competition. So exhale Luna, Avax and other Solana adepts; ETH will show  everyone, but not this summer.