Ethereum Merge Success

[Gayong88]

Ethereum Merge Is Done and considered successful, Do you think Ethereum has the solution Bitcoin needs and is this proof of ETH Next Of BTC after normal market?

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[mk4]

Bitcoin is Bitcoin and Ethereum is Ethereum. Using PoS on Bitcoin is simply one of the dumbest ideas ever, as PoW is one of Bitcoin's main defining characteristics.

[Oshosondy]

Ethereum Merge Is Done and considered successful, Do you think Ethereum has the solution Bitcoin needs and is this proof of ETH Next Of BTC after normal market?

What solution? Bitcoin has the strongest blockchain. Not affected by any attack, I mean 51% attack. The energy used to mine bitcoin are becoming cleaner which bitcoin miners are moving towards.

Bitcoin is Bitcoin and Ethereum is Ethereum. Using PoS on Bitcoin is simply one of the dumbest ideas ever, as PoW is one of Bitcoin's main defining characteristics.

You are right, bitcoin is bitcoin while ethereum is ethereum. I am surprised that ethereum PoS is still very centralized with over 40% of its PoS node controlled by only two addresses.

40%+ Ethereum PoS nodes are controlled by 2 addresses says Santiment data

[Maus0728]

There is a similar thread[1] regarding these, but the answer all boils down to the same argument where bitcoin and ethereum have different use cases, market capitalization, adoption, popularity, security etc..

Regardless whether ETH takes over bitcoin for some reason -- I am still holding/trading both anyways, so it doesn't matter. Plus, both of which could give you the technical know-how that might be useful in the long run.

[1] https://bitcointalk.org/index.php?topic=5409008.0

[tbct_mt2]

The success of Ethereum The Merge does not bring profit to all investors.

It again reminds people that Buy rumor sell the news. Because selling the news, price falls after the news about success of The Merge.

Buy Ethereum because of The Merge, it is not smart.

[makishart]

Ethereum is not comparable with bitcoin caused by you were comparing different things which is pretty the same like comparing orange and apple. merge has done but the price is still remain bearish at this moment and so it has nothing to do with bitcoin or even become decouple from it. Ethereum merge will be giving long term impact which is slowly appearing and people are only speculating about that. ETHW was also being introduced as a new ethereum fork. It's a scam coin as well.

[Cuda911]

Ethereum have gotten rid of something that makes Ethereum to be Ethereum and that's Proof of work, Mark my word vitalik have made the biggest mistake on Ethereum project, PoW is a big part of the Ethereum Network and I believe it's the biggest part why Etheruem is a favourite altcoin.

[Coin_trader]

Ethereum have gotten rid of something that makes Ethereum to be Ethereum and that's Proof of work, Mark my word vitalik have made the biggest mistake on Ethereum project, PoW is a big part of the Ethereum Network and I believe it's the biggest part why Etheruem is a favourite altcoin.

I doubt that. It’s smart contract is the reason why it became successful and not it’s PoW consensus because Bitcoin starts the proof of work concept while Ethereum just copy it when they start there own Blockchain. Ethereum smart contract is what makes them popular among other blockchain because they are the one who introduced it first. There’s no need to mark your words because you seems don’t understand what you are talking and what’s the real problem of Ethereum on how they pushed to this move.

Ethereum has a lot of dapps running on its Blockchain which means they are the busiest network among all existing blockchain that PoW can’t sustain in the long run that’s why they have the most expensive fee. Sticking on PoW will just limit the Blockchain for any room for improvement to new technology.

[Marvell1]

The ETH merger is an important event for ETH and the ETH community but it has nothing to do with bitcoin and once ETH becomes a POS the bitcoin takeover becomes even more paranoid. Centralized coins are not comparable to decentralized coins.

ETHW was also being introduced as a new ethereum fork. It's a scam coin as well.

Everyone doesn't care about it, all they want is a free airdrop of a new coin, which they will dump for a profit once they get it. The ETHW price has dropped more than 70% on exchanges in just 24 hours since its launch because people are just trying to sell it, they don't consider it a coin of value.

[bounceback]

Ethereum Merge Is Done and considered successful, Do you think Ethereum has the solution Bitcoin needs and is this proof of ETH Next Of BTC after normal market?

If your view is that after the current successful ethereum merger will make ETH the next bitcoin then I think you should first see how much adoption growth the two have had so far, maybe you'll find the answer there. The merger has been completed but look now it has not had a good impact on ETH even made the price of the ethereum coin decrease and until now it has not been able to return to the price of $ 1.7k which was the price before the merger was carried out.

[passwordnow]

Do you think Ethereum has the solution Bitcoin needs

No.
There's no solution to what bitcoin needs from any other project even from Ethereum.

is this proof of ETH Next Of BTC after normal market?

Well, ETH is really next to BTC so there's no problem with that. Every time there's a news related to a project, it's always us that keeps on attaching its potential of it to bitcoin. But in the end, these are just comparisons that come to our minds even if it's not that necessary.

[Jeger.Kiting]

Ethereum Merge Is Done and considered successful, Do you think Ethereum has the solution Bitcoin needs and is this proof of ETH Next Of BTC after normal market?

The Ethereum merger has indeed been completed but has nothing to do with Bitcoin, as Ethereum and Bitcoin are very different in concept. With the completion of the Ethereum merger event, it does not mean that the price of Ethereum will compete with the price of Bitcoin after the normal market, because in its history, Bitcoin was first created in cryptocurrency after it happened, then Ethereum and other Altcoins, as an alternative to Bitcoin Investment. So at its core Etherum is still under Bitcoin.

[tbct_mt2]

It’s smart contract is the reason why it became successful and not it’s PoW consensus because Bitcoin starts the proof of work concept while Ethereum just copy it when they start there own Blockchain.

Even so, we should recognize the success of Ethereum as the greatest altcoin and Ethereum ecosystem contributes a lot to the success of crypto ecosystem so far. If only Bitcoin exists, it should not reach to the big adoption like nowadays.

Ethereum smart contract is what makes them popular among other blockchain because they are the one who introduced it first. There’s no need to mark your words because you seems don’t understand what you are talking and what’s the real problem of Ethereum on how they pushed to this move.

If I am not wrong, the Taproot upgrade opens to smart contract deployment for Bitcoin but it is just in concept. Not sure Bitcoin developers will actually build it.

Ethereum has a lot of dapps running on its Blockchain which means they are the busiest network among all existing blockchain that PoW can’t sustain in the long run that’s why they have the most expensive fee.

This causes network congestion and transaction fee that is too expensive for many people. When Ethereum is on fire, ERC20 tokens follow Ethereum to rise. Together, they result in abnormal higher demands on Ethereum network for transactions that in turn cause more expensive transaction fee.

[antsam]

The Ethereum merge will not solve all the longings of the crypto community in general, but in the long run I believe it will have a very meaningful effect on the crypto world and given the current market share in the second position, it is very likely that Ethereum will become the next bitcoin.

[budi691]

The Ethereum merger is going to have a long term impact which is slowly emerging and people are only speculating about it, I think first have to see how much adoption growth the two have so far, Ethereum and Bitcoin are very different in concept. With the completion of the Ethereum merger event, it does not mean that the price of Ethereum will compete with the price of Bitcoin after the normal market, and that it has nothing to do with bitcoin or even become separate from it.

[hichamito37]

The Ethereum merge will not solve all the longings of the crypto community in general, but in the long run I believe it will have a very meaningful effect on the crypto world and given the current market share in the second position, it is very likely that Ethereum will become the next bitcoin.

What is the next Bitcoin? you mean it will take over bitcoin? The merger will be the beginning of a new era for ETH, ETH will have a lot of interesting improvements after this merge. This will make ETH unrivalled in the layer1 project segment, competitors like Sol, BNB, Atom will have to struggle when ETH moves to POS like them. But to be the next bitcoin or take over bitcoin is a pretty far-fetched thing. How can a POS coin replace a fully decentralized coin with a market cap twice as large as ETH?

[kojektea]

not sure if ethereum can cover the shortcomings of bitcoin because the merge is only completed in a few days. we will know the results after a few months or years maybe, if this goes well, bitcoin as a POW mining will lose competitiveness with ethereum POS. I think the purpose of ethereum is to compete with bitcoin by merging them.

[TastyChillySauce00]

In my opinion if you must do another research again. bitcoin was a deflationary token and did you know what meant of merge? i didn't even think if you understand about that. Merge already implemented to fix the problem of ethereum which is unlimited supply unlike bitcoin which has limited supply.
I think that you shall learn more about what merge and what's purpose from merge implementation. Bitcoin has fixed it even when satoshi was creating it

[Gayong88]

In my opinion if you must do another research again. bitcoin was a deflationary token and did you know what meant of merge?

True, the Protocol has been designed to be able to process a large number of transactions efficiently over time. Merger does not replace all transactions that occurred. Merge has its own purpose, it aims to save space in blocks and allow more data to be added, but remains a decentralized system.

[Kocret02]

Ethereum Merge Is Done and considered successful, Do you think Ethereum has the solution Bitcoin needs and is this proof of ETH Next Of BTC after normal market?

The impact of a successful merge on BTC will not have much effect because the resulting price movement is likely only temporary. It's just that in this case, if the merger is successful, it will validate the proof of ownership in the eyes of many.