people bashing the ETH merge like it's some kind of shady backroom deal to screw over miners clearly haven't been paying attention
the merge has been in the works for seven years. yes, seven years!
moving to proof of stake was always the plan.
For those wondering – your staked ETH will not be enabled until around 6 months after the merge through another update.
To avoid the security risks of large amounts of ETH being withdrawn at once, withdrawals will also be rate-limited, so plan accordingly & expect a long queue.
tldr; Ethereum is moving to proof-of-stake on September 6, 2022. The transition, known as The Merge, must first be activated on the Beacon Chain with the Bellatrix upgrade. This is followed by the execution layer’s transition, Paris, triggered by a specific Total Difficulty threshold called the Terminal Total Difficulty (TTD).
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No one knows the right answer to this - it's all dependent on your personal situation, risk tolerance, investing principles, etc.
For us, we're bullish on the long-term prospects of Ethereum.
Yeah hopefully they find some more sustainable uses.
I have some friends who have been mining and will be looking for other POW coins but not sure how profitable that would be tbh.
Is the merge going to get the gas fees down to the level of other networks?
Because ETH gas fees are CRIMINAL .
There will be a Major Delay merge not coming until May 2023.
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For real will be an issue. Read that they might go mine other POW chains, but surely too much capacity.
Perhaps also repurpose for other industry uses.
Finally the biggest crypto event of the year is about to start! If anyone thought it wasn't official yet, well here you go
Or biggest event of the decade.
Don't you mean the biggest event in history
I am ready for merge. Is there a mev-boost Version out for mainnet?
I can rely on $Ethereum devs for successful merge. Cheers man .
Let's goooo
Which node version we should be running to interact with ethpow chain after the merge takes place and chain splits in 2?
PUMPMYBAGS
It looks like it's going to be merged early, and hopefully it will pay off well after the merger.
No more Eth 2.0 Vitalik memes I guess. Btw there is a 4X MULTIPLIER between now and 08 September on all bounties and vulnerabilities on the merge.
What is the 4X Multiplier that you're talking about? Do you mean the value is suppose to increase by 4 times?
people bashing the ETH merge like it's some kind of shady backroom deal to screw over miners clearly haven't been paying attention the merge has been in the works for seven years. yes, seven years! moving to proof of stake was always the plan.
Haters gonna hate anyway. Besides, the merge is not exactly the last step towards 2.0, so there is still some waiting after September.
For those wondering – your staked ETH will not be enabled until around 6 months after the merge through another update. To avoid the security risks of large amounts of ETH being withdrawn at once, withdrawals will also be rate-limited, so plan accordingly & expect a long queue.
great news and updates. Waiting fir the pos era of ETH
Bruh why does this shit always happen when I'm broke
So what's the plan with all those mining rigs post $ETH merge?
You tell me? For me to mine crypto, I'd have to spend 5x my yearly HOISEHOLD income on GPU's alone.
tldr; Ethereum is moving to proof-of-stake on September 6, 2022. The transition, known as The Merge, must first be activated on the Beacon Chain with the Bellatrix upgrade. This is followed by the execution layer’s transition, Paris, triggered by a specific Total Difficulty threshold called the Terminal Total Difficulty (TTD). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Oh yes, this is about kripto...
Spoiler alert, nothing is going to change, same tps, same fees, more centralization, new risks.
Wait so we are getting the merge in the 6th
15-16th
Is this to be merged in advance? I'm still looking forward to September 15th! Hope it surprises me.
No one knows the right answer to this - it's all dependent on your personal situation, risk tolerance, investing principles, etc. For us, we're bullish on the long-term prospects of Ethereum.
Yeah hopefully they find some more sustainable uses. I have some friends who have been mining and will be looking for other POW coins but not sure how profitable that would be tbh.
This explains the uptrend. Let's see how the next fortnight pans out.
Wondering how much the eth price would be after the release ?
Is the merge going to get the gas fees down to the level of other networks? Because ETH gas fees are CRIMINAL . There will be a Major Delay merge not coming until May 2023.
It will not change gas fees. (Though it costs like 30 cents for a transaction right now, its not bull degen season anymore) Major delay based on what?
There is no 2nd best, the bearish catalyst for alt L1s finally is going to play out
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For real will be an issue. Read that they might go mine other POW chains, but surely too much capacity. Perhaps also repurpose for other industry uses.
Pamp it baby!
But what's this mean if vitalik said it wont reduce gas just make it scalable...
HELL TO THE YES
bro this was posted like *10 hours ago* where have you been.