Ethereum ready for The Merge as last shadow fork completes successfully
Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge. Shadow forks help developers stress test synchronization assumptions to ensure network safety during permanent upgrades.
Nearly six months in, Ethereum research and engineering company Nethermind confirmed that the transition in Mainnet-Shadowfork-13 — the last shadow fork — was successful, signaling the readiness of the network for migrating to a proof-of-stake (PoS) consensus mechanism. The testnet allowed Ethereum developers to practice running nodes, deploying contracts and testing the infrastructure, among other functionalities. As a result, shadow forks allow developers to gauge the implications of network upgrades before they happen.
Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge. Shadow forks help developers stress test synchronization assumptions to ensure network safety during permanent upgrades.
Nearly six months in, Ethereum research and engineering company Nethermind confirmed that the transition in Mainnet-Shadowfork-13 — the last shadow fork — was successful, signaling the readiness of the network for migrating to a proof-of-stake (PoS) consensus mechanism. The testnet allowed Ethereum developers to practice running nodes, deploying contracts and testing the infrastructure, among other functionalities. As a result, shadow forks allow developers to gauge the implications of network upgrades before they happen.
⏳ If you Google Ethereum merge this graphic comes up, seems that Google is paying attention.
© Ethereum Merge ✔️
© Ethereum Merge ✔️
MetaMundo’s 3D NFT Villa Opens Questions about the Function of Architecture in the Metaverse
MetaMundo has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing.
Architecture built for the metaverse seems to divide into two different approaches: taking full advantage of the lack of constraints, such as physics, to create a sculptural object that can be explored or reiterating familiar shapes and forms of architecture. According to architect Luis Fernandez, his approach is based not on the shape of the final object, but on functions that architecture can serve in the metaverse. For Luis Fernandez, one of the main uses of the metaverse will be meditation.
Source
MetaMundo has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing.
Architecture built for the metaverse seems to divide into two different approaches: taking full advantage of the lack of constraints, such as physics, to create a sculptural object that can be explored or reiterating familiar shapes and forms of architecture. According to architect Luis Fernandez, his approach is based not on the shape of the final object, but on functions that architecture can serve in the metaverse. For Luis Fernandez, one of the main uses of the metaverse will be meditation.
Source
Study Reveals the Most Interested Country in the Ethereum Merge
Singapore, Switzerland, and Australia are the most interested nations in Ethereum’s shift to PoS, known as “the Merge.”.The cryptocurrency ranking and evaluation platform – CoinGecko – examined global Google trends to determine which nation is the most excited about Ethereum’s upcoming transition from Proof-of-Work consensus mechanism to Proof-of-Stake.
The second-biggest cryptocurrency protocol – Ethereum – is on its way to becoming the first in its field that shifts from PoW to PoS. The development, expected to occur this month, seems to be the most interesting for the residents of Singapore, who collected a total search score of 377. Its population was typing “Ethereum Merge,” “Ethereum,” and “ETH Classic” more than any other nation across the globe. Germany has a score of 231 and ranks third. The world’s leading economy – the USA – is fourth with 219 points.
Singapore, Switzerland, and Australia are the most interested nations in Ethereum’s shift to PoS, known as “the Merge.”.The cryptocurrency ranking and evaluation platform – CoinGecko – examined global Google trends to determine which nation is the most excited about Ethereum’s upcoming transition from Proof-of-Work consensus mechanism to Proof-of-Stake.
The second-biggest cryptocurrency protocol – Ethereum – is on its way to becoming the first in its field that shifts from PoW to PoS. The development, expected to occur this month, seems to be the most interesting for the residents of Singapore, who collected a total search score of 377. Its population was typing “Ethereum Merge,” “Ethereum,” and “ETH Classic” more than any other nation across the globe. Germany has a score of 231 and ranks third. The world’s leading economy – the USA – is fourth with 219 points.
Updates Regarding the Upcoming Ethereum Merge (2022-09-13)
https://www.binance.com/en/support/announcement/9a4805dffb8741a78f26075762a22a9c
https://www.binance.com/en/support/announcement/9a4805dffb8741a78f26075762a22a9c
🔥 #Ethereum merge progress has been completed 99.95%, and 10 hours remain until Ethereum merges to proof-of-stake.
© Ethereum Merge ✔️
© Ethereum Merge ✔️
Estimated Time of #ETHmerge Around The World 🌎
🇺🇸 Miami 1:00 EDT
🇺🇸 San Francisco 22:00 PDT
🇨🇦 Vancouver 22:00 PDT
🇲🇽 Mexico City 00:00 CDT
🇬🇧 London 06:00 BST
🇩🇪 Berlin 07:00 CEST
🇫🇷 Paris 07:00 CEST
🇳🇱 Amsterdam 07:00 CEST
🇸🇮 Ljubljana 07:00 CEST
🇦🇪 Dubai 09:00 GST
🇸🇬 Singapore: 13:00 SGT
🇲🇾 Kuala Lumpur: 13:00 MYT
🇵🇭 Manila: 13:00 PHST
🇨🇳 Beijing: 13:00 CST
🇰🇷 Seoul: 14:00 KST
🇯🇵 Japan: 14:00 JST
🇹🇭 Bangkok: 12:00 ICT
🇮🇩 Jakarta: 12:00 WIB
🇻🇳 Ho Chi Minh City: 12:00 ICT
🇦🇺 Sydney: 15:00 AEST
🇮🇳 New Delhi: 10:30 IST
Keep in mind that the time is only an estimate!
The #merge will only be activated once the current network reaches a Terminal Total Difficulty (#TTD) of 58750000000000000000000. 🙌
© Ethereum Merge ✔️
🇺🇸 Miami 1:00 EDT
🇺🇸 San Francisco 22:00 PDT
🇨🇦 Vancouver 22:00 PDT
🇲🇽 Mexico City 00:00 CDT
🇬🇧 London 06:00 BST
🇩🇪 Berlin 07:00 CEST
🇫🇷 Paris 07:00 CEST
🇳🇱 Amsterdam 07:00 CEST
🇸🇮 Ljubljana 07:00 CEST
🇦🇪 Dubai 09:00 GST
🇸🇬 Singapore: 13:00 SGT
🇲🇾 Kuala Lumpur: 13:00 MYT
🇵🇭 Manila: 13:00 PHST
🇨🇳 Beijing: 13:00 CST
🇰🇷 Seoul: 14:00 KST
🇯🇵 Japan: 14:00 JST
🇹🇭 Bangkok: 12:00 ICT
🇮🇩 Jakarta: 12:00 WIB
🇻🇳 Ho Chi Minh City: 12:00 ICT
🇦🇺 Sydney: 15:00 AEST
🇮🇳 New Delhi: 10:30 IST
Keep in mind that the time is only an estimate!
The #merge will only be activated once the current network reaches a Terminal Total Difficulty (#TTD) of 58750000000000000000000. 🙌
© Ethereum Merge ✔️
Ethereum (ETH) has activated The Merge and shifted to Proof of Stake (PoS)!
Ethereum $ETH has activated The Merge and transactions are now being processed under Proof of Stake. The first epoch was finalized at 6:59 AM UTC today. The Merge has been in development since 2020, and represents the official switch to using the PoS Beacon Chain for block production. This reduces Ethereum's energy consumption by more than 99%. The Merge will also reduce Ethereum’s issuance of $ETH by roughly 90%.
Ethereum $ETH has activated The Merge and transactions are now being processed under Proof of Stake. The first epoch was finalized at 6:59 AM UTC today. The Merge has been in development since 2020, and represents the official switch to using the PoS Beacon Chain for block production. This reduces Ethereum's energy consumption by more than 99%. The Merge will also reduce Ethereum’s issuance of $ETH by roughly 90%.
The Ethereum Merge is complete. Proof-of-Stake is live
Good thing: the Merge hasn't imploded the market
Bad thing: we kinda lost the last bullish narrative we had
© Ethereum Merge ✔️
Good thing: the Merge hasn't imploded the market
Bad thing: we kinda lost the last bullish narrative we had
© Ethereum Merge ✔️
ETH Quick Take:
🔸 ETH is currently not looking good on the Daily Chart. It looks like the price is forming a big Head and Shoulder pattern (Bearish) which could play at no particular time.
🔸 The recent volume bar has a bearish engulfing as well. This shows that sellers are dominating the current move.
🔸 The 1,800-1,700 are still the crucial resistance zones for ETH to reclaim.
If ETH continues to move downward, the next support sits at 1,276 area. And the measured drop for the H&S pattern is at 1000$ zones.
🔸 Always manage your risk, the market is still uncertain until a clear bullish breakout is confirmed
© Ethereum Merge ✔️
🔸 ETH is currently not looking good on the Daily Chart. It looks like the price is forming a big Head and Shoulder pattern (Bearish) which could play at no particular time.
🔸 The recent volume bar has a bearish engulfing as well. This shows that sellers are dominating the current move.
🔸 The 1,800-1,700 are still the crucial resistance zones for ETH to reclaim.
If ETH continues to move downward, the next support sits at 1,276 area. And the measured drop for the H&S pattern is at 1000$ zones.
🔸 Always manage your risk, the market is still uncertain until a clear bullish breakout is confirmed
© Ethereum Merge ✔️