About Ethereum merge

[zasad@]

Ethereum 2.0 core code works great. The main problems are to synchronize the work of the main clients Prysm, Lighthouse, Teku, Nimbus and others. Therefore, developers run shadow fork to find out all the problems. The ecosystem works perfectly, problems arise when the main clients work. You can run Ethereum 2.0 on a single client a long time ago, but this is very dangerous.

[Gayong88]

It looks like many are in disagreement about whether PoS should replace the PoW algorithm on the Ethereum network. Some suggest that PoS "takes too long" to make a decision, whereas others say that Ethereum shouldn't change anything and just leave things as they currently stand. Of course, there are many arguments for and against either option, but only time will tell which one eventually prevails.

[justdimin]

that could be a disaster for ethereum. IMO if the implementation of POS merge already passed so many test by various developers in the ethereum foundation but we didn't know whether there will be another new vulnerability that is still remain active or not. I meant a new code will need a very long time to search the vulnerability and when ethereum will be migrating into the POS and this will be a very big decision to take a look whether the code has no vulnerability or not. If there will be a vulnerability in the new code and when this got exploited and this will become a disaster for anyone and crypto market.

If there is one, or there will be one, then we are going to have someone fix it quickly, so by that time the problem will be how much of an impact it will have. If it is found out after a few million dollars worth of an attack then we are going to be fine, that could be recovered from and it is not a big deal.

However, if it is figured out after someone completely destroys everything and gets billions of dollars worth, since we can't really retract it and just go back, it will hurt everyone and would damage ethereum forever. This is why it is taking so long, you think it is this difficult for eth foundation to build something? They probably did it like a million times already, but they are making sure.

[Jackl87]

Can Ethereum lose its stand because of failing PoS merge? Vitalik wants PoS by force and that thing is just too buggy as hell, it seems whales are not in good mood about it as well, I just think that ETH can't make it without the PoW algorithm because this adds value to ETH a lot.

I have not heard any rumors that the change from Proof of work to proof of stake is not happening or wont't happen because of bugs of stuff like that. I mean it sure takes forever but i also think this is not an easy task to do and there are so many people in the world already that are either holding ETH or an ETH based token so the team around Vitalik Buterin knows that they need to get this stuff right to not make hundreds of thousands of people very unhappy.
I think the transition from PoW to PoS needs to happen, first of all because of environmental reasons, nowadays everything is about saving CO2 emissions and therefore it is hard to explain to people that crypto mining consumes more power than entire countries.

[shinratensei_]

I hope that if that merge will be fully tested to avoid the vulnerability. So we will see what will be happening with this. I heard about the continuation of the ethereum POS but it's not clear when this will be happening. A member from ethereum foundation have been confirming about the move that will be made by ethereum from POW to the POS. This gonna be a very interesting event while at the same time it seems like a big bet by ethereum foundation to make sure if everything is clear right now. I meant no bug will be discovered as it's all already discovered and many more. We will see that at the end of this year whether there will be another fork will happen with ethereum or not. It's just the matter of time to see that will happen.

[aprilnot]

Can Ethereum lose its stand because of failing PoS merge? Vitalik wants PoS by force and that thing is just too buggy as hell, it seems whales are not in good mood about it as well, I just think that ETH can't make it without the PoW algorithm because this adds value to ETH a lot.

other networks can, why shouldn't ethereum use POS? this is a question for me sometimes. when they say bnb, solana, avalanche and Cardano are good platforms despite knowing even those networks use POS. and when ethereum wants to adopt POS many are against it arguing it will fail. the ethereum network is no longer special and everyone hates POS. but on the other hand they want the ethereum network to be faster and cheaper. Vitalik said when the ethereum network was upgraded it would solve the current problem. and I personally think there is no other way, we should accept this upgrade.

[GreatArkansas]

Can Ethereum lose its stand because of failing PoS merge?
(.....)

Good question. But for me, it will not be always a red flag for Ethereum, we all know that POS or Ethereum 2.0 is already super delayed.
But for me, it is much better to be delayed other than deploying it with a lot of bugs or issues, not a good choice.
Ethereum right now is one of the biggest innovation in the technology for this century, I believe that team behind Ethereum is always working hard to deliver the product properly.