Ethereum The Merge on Google

[jossiel]

About google, they've became a validator for the ron network from Sky Mavis. So, this is a good sign that google is giving that way of monitoring the market from events like the merge for Ethereum.

I'm expecting that the same thing will happen when we're near to the bitcoin halving. That's even giving more hype and excitement if ever google does that.

Well, these big tech companies are already in and showing that they're no longer ignoring the crypto market and the updates that happens within it.

[Almasani]

Has anyone already seen this? Seems everyone is excited about the upcoming The Merge event of the Ethereum network.

It's still in the stage of testing the security level, the date they listed is 14/15 September.
But I still find it difficult to understand the language listed in the Ethereum Merge explanation.

'Eth1' is now the 'execution layer', which handles transactions and execution.
'Eth2' is now the 'consensus layer', which handles proof-of-stake consensus.

When we make a transaction with Eth1, then we will receive Eth2? So that Eth1 will automatically disappear and be replaced with Eth2 by continuing to use the name Ethereum instead of Ethereum 2.

[bitcoin-shark]

Everyone is interested and impatient for the etherum merge this event has drawn attention to the cryptocurrencies of many people and also of big giants like google

[o48o]

I'm expecting that the same thing will happen when we're near to the bitcoin halving. That's even giving more hype and excitement if ever google does that.

I am starting to doubt that it will happen. Google has obviously chosen the PoS side and pr for promoting PoW now would be just bad. I am starting to feel more and more that there will be immense pressure against PoW based coins soon. Especially against those that consume too much electricity. At this point, i don't mind. I have zero bitcoins left and i don't believe that it can sustain itself against governments.

[Silberman]

I can't remember them having this even for bitcoin halving. I must have missed it because sure they did. Or they are just hyped to jump cryptos after PoS when public opinion turns favourable against cryptos. Because right now it seems like a lost case to stick with the PoW boat when every country one after another turns against it. You would have to be true crypto-anarchist right now to hold anything but PoS, not that all crypto-anarchists even like PoW

I think POS just take away the whole case of decentralisation. It rather empowers a few powerful ones ..i dont know if there will be higher chances of market manipulation with POS. I just hope that won't happen.

Unfortunately I think this is precisely what it is going to happen, there is a reason Satoshi decided to use POW as this was the best way to keep the network decentralized, POS benefits those that have a lot of coins, and what kind of person can hold a lot of coins? The whales, this concentrates the power in just a few people that have the money and which later on can dictate where the network is headed, so while people are excited about the upcoming upgrade I have always thought this is a huge mistake for ethereum.

[Stable090]

I think it is automatically added by there search engine just few hours to the event I can’t really wait for the merge, I just hope the merge won’t cause a crash in crypto market, have been hearing different people saying after the merge the market might crash I just hope the merge won’t have effect on the market.

[o48o]

I think POS just take away the whole case of decentralisation. It rather empowers a few powerful ones ..(cut)

Unfortunately I think this is precisely what it is going to happen, there is a reason Satoshi decided to use POW as this was the best way to keep the network decentralized, POS benefits those that have a lot of coins, and what kind of person can hold a lot of coins? The whales, this concentrates the power in just a few people that have the money and which later on can dictate where the network is headed, so while people are excited about the upcoming upgrade I have always thought this is a huge mistake for ethereum.

Since you are agreeing with amishmanish, could you answer how is it making things less decentralized?

I am referring to my point in here -> https://bitcointalk.org/index.php?topic=5413072.msg60919826#msg60919826

PoW was the best idea at the time, ideas have been evolved a lot since. Still, none of your arguments about centralization make any sense to me as they would apply to PoW too.
How are whales any different from rig farms other then they are actually hodling eth and not dumping it?

[CryptoBuds]

I'm expecting that the same thing will happen when we're near to the bitcoin halving. That's even giving more hype and excitement if ever google does that.

I am starting to doubt that it will happen. Google has obviously chosen the PoS side and pr for promoting PoW now would be just bad. I am starting to feel more and more that there will be immense pressure against PoW based coins soon. Especially against those that consume too much electricity. At this point, i don't mind. I have zero bitcoins left and i don't believe that it can sustain itself against governments.

Bitcoin is not against governments, governments themselves see it as a threat to their power and they are always looking for ways to eliminate it. I do not deny that bitcoin mining consumes energy and contributes to environmental pollution, but tell me, is there any industry in the world that doesn't consume energy and emit waste, heavy industries, metallurgical industry, manufacturing...Even if you use your computer for work, your phone consumes energy every day. The use of energy is inevitable, as long as it creates value, benefits for the economy, there is nothing wrong.

[o48o]

Bitcoin is not against governments, governments themselves see it as a threat to their power and they are always looking for ways to eliminate it. I do not deny that bitcoin mining consumes energy and contributes to environmental pollution, but tell me, is there any industry in the world that doesn't consume energy and emit waste, heavy industries, metallurgical industry, manufacturing...Even if you use your computer for work, your phone consumes energy every day. The use of energy is inevitable, as long as it creates value, benefits for the economy, there is nothing wrong.

And that waste is going to be limited too soon. They are already shutting down some advertisement light boards at night in here. Problem here is that PoW could be pointless way to prove anything after PoS takes over the markets.

If there would be a solution to make some real life industry that consumes ton of energy (let's say aeroplanes) to consume only fraction of that energy, it would be soon mandatory to use that solution.

About bitcoin being threat to governments... Not as big of a threat people think. They can easily shut down all cex:es trying to use it if they would want. P2P trading against fiat money after that would be a fraction of the volume. Era of using pseudonymous accounts to shield against regulators is over.

This is what's happening next -> https://twitter.com/paddi_hansen/status/1569973440496410625

[el kaka22]

Crypto is getting bigger enough to have these kinds of stuff. I remember back in the day I was having trouble even for a crypto related ad on google, of course that passed long ago and now we have been seeing crypto related ads on google for many years, but when I first started it was a difficult thing and my first ever website got screwed because of it.

These days crypto is much bigger and that is why google cares about it as well, they like it when people could find answers directly from them, look at the sports world for example, you could type in the game and they will tell you when it is or if it’s played what the score is. That’s what google is evolving to, giving you the answers directly by themselves.

[jossiel]

I'm expecting that the same thing will happen when we're near to the bitcoin halving. That's even giving more hype and excitement if ever google does that.

I am starting to doubt that it will happen. Google has obviously chosen the PoS side and pr for promoting PoW now would be just bad. I am starting to feel more and more that there will be immense pressure against PoW based coins soon.

It's not all about choosing the PoS side or Pow Side. It's all about what they're looking at the crypto market and such events are given that type of projection onto their platform.

But we will see it then, there are too many websites that are only there for the bitcoin halving countdown and they can start that when it's like a month to come and they'll just put the projection when someone searches for it.

Especially against those that consume too much electricity. At this point, i don't mind. I have zero bitcoins left and i don't believe that it can sustain itself against governments.

Okay, I see where you're coming from and maybe that will change when you start holding bitcoin again.

[Ahli38]

More and more companies are supporting more environmentally friendly technologies. So don't be surprised if Google doesn't hesitate to display a countdown on the Google search engine. because of google's actions no one will criticize. but not Ethereum which I read yesterday in collaboration with google. but instead BNB chain is working with google.
the following is an excerpt from the news.
"⁠BNB Chain to collab with Google Cloud to bolster Web3, blockchain startups

BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration."
Sourch : https://ct.com/ayb0


and I warn you that the incoming transactions of ETH coins from personal wallets to exchanges keep popping up in large numbers. so just get ready.

my imagination. there are times when even ETC will fly later. dyor

[RenaldoCusmano]

If this merge is real and happens in addition to the release of Ethereum 2.0, Ethereum will be even more invincible for sure.

[CPNpr]

should it happen today or tomorrow . I don't see the countdown time on the front page of Google when I search for the same keyword. hopefully there will be good news from ethereum after the merge is successful we are always waiting for how this best coin can be upgraded for the better and also hope they can fix gas costs that often soar high.

Yes I think you are also right there could be a lot of good news from thorium but it will take a long time for that to come but it will be seen and gone who we have to wait for first.