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Ethereum 101: One chain to rule them all?
Osgur Murphy O Kane

Key Terms

Data AvailabilityData availability is exactly that - how available the data regarding transactions is to users. Data can be readily available on the blockchain (more expensive and secure), or on a third-party data provider (cheaper, less “available”) given there are trusted third parties.
The MergeThe Merge refers to the joining of the existing execution layer of Ethereum with the new proof-of-stake consensus layer, the Beacon Chain. Ethereum moves from PoW -> PoS.
Monolithic BlockchainA blockchain that does execution, settlement, history and data availability within one layer secured by one honest majority consensus. _(Source:...