In an update note released on Wednesday, the Ethereum Foundation has clarified that the network’s long overdue transitory upgrade, called the “Merge,” won’t reduce gas fees significantly.“Gas fees are a product of network demand relative to the capacity of the network. The Merge deprecates the use of proof-of-work, transitioning to proof-of-stake for consensus, but does not significantly change any parameters that directly influence network capacity or throughput,”wrote the Ethereum Foundatio...