With the upgrade, ethereum won't become faster, cheaper or more scalable. One developer even told CNBC that if the user experience feels the same, that will be one sign that the merge was a total success.
Institutional money is key to the maturation of digital assets. Research firm Fundstrat wrote in a note that a successful merge would cement ethereum as the "premier blockchain network." The rewards for validators are much smaller than those that went to proof-of-work miners, meaning that less ether will be minted as a result of this upgrade., the network is already "burning," or permanently destroying, a portion of the digital currency that would otherwise be recycled back into circulation.
don't listen to this headline folks, you can still buy ETH after the merge and probably at a lower price
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What is the Ethereum Merge? Here are 5 things you should knowThe Merge is a plan to transition the Ethereum blockchain from proof-of-work to proof-of-stake, with a goal to slash the blockchain’s energy consumption and lay the ground for it to be more productive in the future. It means the bank have full control of the eth ecosystem. Ethereum as we know it is no longer considered a cryptocurrency you can't be called a cryptocurrency when its ran by the banks it defeats the purpose. Don't fall for MSM lies. This is not why satoshi made crypto Well ETH was a centralized shitcoin before. Now it is becoming a bigger centralised shitcoin. That’s about the only thing happening. Easy: the scam is about to collapse and the sheep 🐑 who bought crypto will lose everything
Source: MarketWatch - 🏆 3. / 97 Read more »
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Source: CoinDesk - 🏆 291. / 63 Read more »
Ethereum Classic hash rate shot up by 200% over last 30 daysEthereum Classic’s hash rate has surpassed 64 terahashes per second (TH/s), having grown more than 40% in September ahead of The Merge. How come no one is talking about it $ETC is a good play This is genious ?
Source: TheBlock__ - 🏆 464. / 53 Read more »