The proof of stake merge will not do a single thing for transaction cost reduction.

I’ve seen a lot of comments floating around lately to “ wait for the PoS merge to see reduced fees”. Let me explain why this won’t do anything for fees.

We are just changing the “ consensus” or how transactions are verified. We are going from physical miners to validators. This will not change any aspects of the blocks such as block size, throughput, etc. therefore fees will be the exact same.

What this will have are other benefits such as environmental conservation, less selling pressure due to an incentive to hold ETH, a disincentive to be malicious to to slashing, etc.

The only two items I see that will reduce gas fees are L2s and sharding (will come out sometime after the merge).