sounds like the Ethereum merge wont be ready by June 2022 – YouTube

sounds like the Ethereum merge wont be ready by June 2022

  • Video Views: 43301
  • Published On: 2022-02-18 19:30:24
  • Video Published/Author: Red Panda Mining
  • Video Duration: 00:13:37
  • Source: Watch on YouTube

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  1. There is so much money at stake they have to get this perfect. If they still writing code there is no way they can complete testing and rollout by June. One mistake could be catastrophic

  2. If the current Ethereum network isn't at least freezing some of the code moving around the periphery using the block chain then the conversion to Ethereum 2.0 will either be delayed, and/or unstable when earliest launched, or both. Freezing the network code means a lot of alt coins connected to Ethereum will have development problems the longer the freeze lasts. What this will do is prioritize developers of other coins to connect their networks to other chains other than Ethereum for DeFi projects. I'm not speculating on other use cases, since, there's too many to guess at and the pipeline of block chain projects is often too opaque, you don't know who is considering on working on block chain technology.

  3. To add , I think you will see the dag file increase an make mining difficult and hard core miners will stick it out and our 6GB cards will now be alt coin miners and then 8GB cards and higher will be needed to mine Ethereum

  4. I truly believe once Ethereum 2.0 comes in , Ethereum will go down in value , my reason I think that way , is what value does Ethereum have to offer other than mining ? We already have Bitcoin, which is just a coin of value . Proof of stake is going to have to offer a lot that mining offer and that is interest in the coin. The fact that Ethereum has huge gas fees and you can't mine it , I believe the coin is not worth investing in after mining, unless POS offers lots

  5. The problem is that the merge is not going to fix the gas fee problem, sharding fixes the problem of gas fees. They should only do the merge once sharding is complete. Because during that time when the implement the merge and put in place sharding, gas fees are going through the roof. Which will make projects go to other blockchains, because retail investors don't want to invest $500 when $150 of that goes to paying for gas. Which is why we don't look for projects with ERC20 anymore, unless they have other blockchains attached.

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