Ethereum Merge Success

[tvplus006]

For transaction speed on the Ethereum network after the merge, it can be said that there is an increase,
but unfortunately Gas from the Ethereum PoS network is still expensive when compared to its competitor Binance Smart Chain,
I hope that GAS on the Ethereum network can be cheaper than BSC and if it does materialized then I'm sure people will like Ethereum a lot more

The fact that you noticed an increase in the transaction speed on the Ethereum network after switching to POS has nothing to do with the merger. The Ethereum merger is a change in the consensus mechanism from POW to POS. The increase in transaction speed is most likely due to a decrease in network load.

[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.

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?

Yes in the crypto world anything can happen, the total amount of Ethereum that can be minted since The Merge has been limited, other information. Moreover, later POW will be banned by many countries, so what is not possible?

[Silberman]

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 by this you mean that ethereum is going to somehow replace bitcoin as the most dominant coin in the market then I am sorry to tell you that such a thing is never going to happen, while this is a move that is being publicized all over the world as evidence that all coins must transform and try to reduce their energy consumption this way, the people that really know about the topic knows that this is nothing but a Trojan horse which is being pushed to try to weaken bitcoin, but the bitcoin developers are never going to fall into that trap.

[TastyChillySauce00]

ethereum is ethereum bitcoin is bitcoin they should go their own way. we know that bitcoin is a minable coin and the number 1 coin in the crypto world ranking. whereas ethereum stands as the utility king coin with the most and extraordinary uses. they do compete, but each has its advantages.

I think that's overrated to call ethereum as king of utilities. The fact that if the utility that owned by ethereum is only few compared with another first layer solution that available in the market. The scalability problem has become the main problem that prevents the utility for ethereum to happen. A high gas make people think for twice before actively using ethereum defi. that proves that if ethereum utility is still being limited.

[SaveOurSea]

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?

for now Bitcoin is still number 1, because there are no problems regarding the PoW algorithm and Bitcoin itself,
even there are many institutions and governments that support bitcoin, so in the long term I believe Bitcoin will be difficult to replace,
unless many people think and choose Ethereum as his replacement.

[john1010]

I didn't see any success in the Eth merging event, instead, lots of GPU miners lost their money because some of them, did not yet recover the capital for the GPUs. In Eth alone instead of the price spike, it was the contrary, There are a lot of things they need to improve in Ethereum, especially the gas fee, I really hate their GAS fee.

[tvplus006]

... The new fork coin called ethereum pow already launched by bunch of scam miners. ..

I don't think you have any reason to call the ethereum pow team "scam miners". After all, ETH itself is a fork. As it turned out, ETHW had many supporters who did not agree with the transition of Ethereum to POS, and accordingly they took such a step to save their business. At the moment, the hashrate of the ETHW network is comparable to the hashrate of ETC, which was before the Ethereum merger.

[zasad@]

I didn't see any success in the Eth merging event, instead, lots of GPU miners lost their money because some of them, did not yet recover the capital for the GPUs. In Eth alone instead of the price spike, it was the contrary, There are a lot of things they need to improve in Ethereum, especially the gas fee, I really hate their GAS fee.

This is only the first stage, which took almost 7 years. In fact, you don’t understand what the team did so that even one of the million smart contracts does not have an error. Now this ecosystem will be easier to scale and all processes will go faster.

[redsun114]

ethereum is ethereum bitcoin is bitcoin they should go their own way. we know that bitcoin is a minable coin and the number 1 coin in the crypto world ranking. whereas ethereum stands as the utility king coin with the most and extraordinary uses. they do compete, but each has its advantages.

I think that's overrated to call ethereum as king of utilities. The fact that if the utility that owned by ethereum is only few compared with another first layer solution that available in the market. The scalability problem has become the main problem that prevents the utility for ethereum to happen. A high gas make people think for twice before actively using ethereum defi. that proves that if ethereum utility is still being limited.

I would say it is not an overkill at all, they are really the ones that created the whole smart contract world, maybe not the first but certainly the first one to get that much attention from it and I would honestly say that it is the best that we can talk about.

It's clear that we shouldn't really be worried about anything like this in the long run, but we could totally do it as well as we could hope for, and that means ETH has done what we imagine could be possible and then more. It doesn't mean it's not lacking anywhere, of course other coins followed afterwards and built on top of it, but ETH was the first one that got the attention towards it and that's why it is the king.

[AnonBitCoiner]

What is your thoughts about ETHW? Right now it has no projects on it. The only need for ETHW is for the miners to get return. Nations around the World are discussing PoW-Regulation and PoW-bans. Setting up a project on ETHW instead of ETH is a massive risk under the current conditions.

[Silberman]

What is your thoughts about ETHW? Right now it has no projects on it. The only need for ETHW is for the miners to get return. Nations around the World are discussing PoW-Regulation and PoW-bans. Setting up a project on ETHW instead of ETH is a massive risk under the current conditions.

In a way it was natural that miners were not happy with what was happening and they did their best to try to protect their interests and created that fork, but we need to be honest there are not going to be a lot of people that will actually use that coin, so while speculators may be happy about such fork the rest of the community will simply get those coins, sell them and then forget about them, so I think that sooner or later that coin will disappear and those miners will have to find another coin they can mine.

[avikz]

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?

Bitcoin and ETH, both are different coins with different benefits. So let's not compare them. This ETH merge was one of the most anticipated events of 2022 and it's great to see Vitalik did it quite successfully. I definitely feel bad for miners who had invested a lot into buying graphics card but pos mechanism will help ETH to grow further. Now even a small ETH holder will be able to mine it through pool mining. That's the essence of cryptocurrency for the mass.

[jossiel]

ethereum is indeed the best alternative to bitcoin. if bitcoin is worth because it has history, ethereum is known for its extraordinary utility even today it is still being developed for the better with a community as large as bitcoin. Ethereum in my opinion has long been the next bitcoin but to become number one it is still not capable.

You said it right.

Before, it was Ethereum as the best alternative for transfers because of how cheap ETH transfers was before and how quick they were. But as the other projects have emerged, and the eth network had became congested.

Other projects have became the new and best alternative for it while many have hated ETH for that utility but still, many likes ETH as an asset and for the other utilities that it's working on.

And that's why it's not seen to change and get on bitcoin's throne.

[asriloni]

now the Merge process has been successful and the next stage is the market capitalization that immediately skyrocketed.

That will not happen instantly. that needs lots of process and long time. The bullish market is the only thing that can make it happen. ethereum can't rely other than bullish market to increase its price. It's impossible for ethereum to increase alone during the bearish market trend. It's not going to happen very soon. I can't be patience to see a big pump to come but this may take at least 3 years from now.

[GelatikKembar]

ethereum is indeed the best alternative to bitcoin. if bitcoin is worth because it has history, ethereum is known for its extraordinary utility even today it is still being developed for the better with a community as large as bitcoin. Ethereum in my opinion has long been the next bitcoin but to become number one it is still not capable.

Ethereum is indeed growing and even though the market is currently down I still believe Ethereum will continue to grow,
the king of crypto is still held by Bitcoin and it is not an easy matter to beat Bitcoin,
Watching Ethereum development is always interesting and let's see what happens next

[tygeade]

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?

Bitcoin and ETH, both are different coins with different benefits. So let's not compare them. This ETH merge was one of the most anticipated events of 2022 and it's great to see Vitalik did it quite successfully. I definitely feel bad for miners who had invested a lot into buying graphics card but pos mechanism will help ETH to grow further. Now even a small ETH holder will be able to mine it through pool mining. That's the essence of cryptocurrency for the mass.

Miners made as much money as they possibly can, and it was already known that merge would happen so any miner who wanted to get out and not be a miner anymore would have sold their GPU's long time ago. If you are still invested and still mining that means you were aware of what's going on and you still wanted to keep doing it with another coin I suppose.

ETH merge is definitely the biggest news of 2022, it was anticipated for many years now, and it's finally here, we haven't had a big bang yet about it, but I am sure that the future of ETH will be a lot more bright thanks to this situation, and I feel like we are going to see 10k+ ethereum not too long from now.

[madisonasper]

The Ethereum Merge improves cuts down on energy consumption and improves the efficiency of transactions. However, Bitcoin is still the most popular cryptocurrency in the world and it has the largest market cap. There is still a long way before Ethereum can beat Bitcoin. You can read more about the Merge here: https://aqx.com/blog/crypto/what-is-ethereum-merge-when-is-ethereum-merge-expected/

[Silberman]

now the Merge process has been successful and the next stage is the market capitalization that immediately skyrocketed.

unfortunately the increase of market capitalization in ETH seems nowhere to be seen, after all the trend of btc is still bad and eth heavily relies in that trend. I think eth could only gets its market capitalization taking off only when the trend of btc is getting better, right now even if the merge was such a success there's no significant impact towards the value of eth and its market capitalization instead it's falling.

I think this was to be expected, ethereum has a very strong tendency to follow the movements of bitcoin and it relies on it for its own bullish movements, now it is true they do not move in the exact same way and there are moments in which ethereum may seem to move independently but the number of instances in which this has happened are limited, so while I think there was a reason for people to expect the price of ethereum to go up, it also makes sense it did not as bitcoin is still bearish at this time.

[len01]

now the Merge process has been successful and the next stage is the market capitalization that immediately skyrocketed.

unfortunately the increase of market capitalization in ETH seems nowhere to be seen, after all the trend of btc is still bad and eth heavily relies in that trend. I think eth could only gets its market capitalization taking off only when the trend of btc is getting better, right now even if the merge was such a success there's no significant impact towards the value of eth and its market capitalization instead it's falling.

I think this was to be expected, ethereum has a very strong tendency to follow the movements of bitcoin and it relies on it for its own bullish movements, now it is true they do not move in the exact same way and there are moments in which ethereum may seem to move independently but the number of instances in which this has happened are limited, so while I think there was a reason for people to expect the price of ethereum to go up, it also makes sense it did not as bitcoin is still bearish at this time.

it's not just ethereum that relies on bitcoin prices when the bulls come but all coins depend on ethereum prices and that's for sure.
and for ethereum to increase in price without following the bitcoin trend it is very difficult because until now there has been no good price movement for ethereum.
a lot of people out there expect ethereum to go up without bitcoin's price support but that's very difficult and very unlikely to happen.

[Hamza2424]

Ooops i would say nope ETH merge bring many problems with it as i dont know tou have focused or not the first disappointment is the Diflationary nature of the he ETH + POS brings more centralization and syatem compromisation issues. I dont know why ETH fell after the Merge I'm sure it's won't be long impacting on the market for now Merge is nothing for me.