Ethereum Merge, Making the market situation green again

charlielee
2022-10-21 05:38:45


Hi Buddy, I am interested in discussing The Merge, after looking at several articles and looking for information on the website. The Merge

  • Soon, the current Ethereum Mainnet will merge with the Beacon Chain proof-of-stake system.
  • This will mark the end of proof-of-work for Ethereum, and the full transition to proof-of-stake.
  • This sets the stage for future scaling upgrades including sharding.
  • The Merge will reduce Ethereum's energy consumption by ~99.95%


As we saw above, the Merger will mark the end of ethereum POW, many miners will experience the impact of this situation, because they will no longer be able to mine ethereum, but will switch to mining other coins, what do you think, what if the Merger is successful will the crypto market turn green again or vice versa if the Merge fails,  market will turn red

dianasmith
2022-10-21 05:43:44

The entire crypto community is watching the event. The Merge is the beginning of a new era for Ethereum, if it succeeds, we will enter a strong rally for the entire market. On the contrary, if we have some problem, the market will be severely damaged and the tokens will continue to be reduced by 30%-50% of the current price.