Summary of the upcoming Ethereum Merge🚀
The Merge marks the transition of Ethereum from proof-of-work to proof-of-stake.
The existing mainnet (PoW) merges with the Beacon Chain (PoS) to the new Ethereum blockchain (PoS). It will have a consensus layer to synchronize chain state across the network and an execution layer to process smart contract interactions.
It will not increase throughput or reduce gas fees.
Staked ETH will only become withdrawable 6-12 months after the Merge.
Ethereum's issuance rate will decrease by 90%.
ETH will become "more environmentally friendly" by switching away from PoW. Some traders like Arthur Hayes see this as one factor that could entice institutions to buy and stake ETH, likely driving the price up.
The Merge marks the transition of Ethereum from proof-of-work to proof-of-stake.
The existing mainnet (PoW) merges with the Beacon Chain (PoS) to the new Ethereum blockchain (PoS). It will have a consensus layer to synchronize chain state across the network and an execution layer to process smart contract interactions.
It will not increase throughput or reduce gas fees.
Staked ETH will only become withdrawable 6-12 months after the Merge.
Ethereum's issuance rate will decrease by 90%.
ETH will become "more environmentally friendly" by switching away from PoW. Some traders like Arthur Hayes see this as one factor that could entice institutions to buy and stake ETH, likely driving the price up.
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SudoRare rugged pull; 519 ETH ( worth $815k) were stolen.😬
SudoRare already deleted its social accounts/groups.😒
https://twitter.com/PeckShieldAlert/status/1561967493912363008?t=mQdDeYM1rxZxUMV0FSkOmw&s=19
SudoRare already deleted its social accounts/groups.😒
https://twitter.com/PeckShieldAlert/status/1561967493912363008?t=mQdDeYM1rxZxUMV0FSkOmw&s=19
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Forwarded from Binance Announcements
Binance Launches ETH/BUSD Zero-Fee Trading
https://www.binance.com/en/support/announcement/5d8f9c0a68e24b82bff743a342dfa9b9
https://www.binance.com/en/support/announcement/5d8f9c0a68e24b82bff743a342dfa9b9
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https://twitter.com/KingsCharts/status/1560915879034224641
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