Ethereum Merge Success

[Silberman]

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/

Eliminating miners are the most effective ways to make ethereum become more conservative. I do like the implementation from this proposal. This let the token holders to get more powers over miners. Miners have gone and it seems like this will give more opportunity to the token holders to give its power to determine what's gonna be the future of network. I do like how vitalik was giving a good response about this update

We will have to see how ethereum evolves from now on, the transition that it made to proof of stake has been criticized precisely because of the point that you are bringing, this move is going to give to the whales a lot of power and it is going to make ethereum way more centralized, but not only that such unilateral move has affected a lot of miners which have invested a significant amount of money in order to mine ethereum, and now they are having problems finding another good coin to mine so they can recover the money they invested.

[Smack That Ace]

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/

Eliminating miners are the most effective ways to make ethereum become more conservative. I do like the implementation from this proposal. This let the token holders to get more powers over miners. Miners have gone and it seems like this will give more opportunity to the token holders to give its power to determine what's gonna be the future of network. I do like how vitalik was giving a good response about this update

We will have to see how ethereum evolves from now on, the transition that it made to proof of stake has been criticized precisely because of the point that you are bringing, this move is going to give to the whales a lot of power and it is going to make ethereum way more centralized, but not only that such unilateral move has affected a lot of miners which have invested a significant amount of money in order to mine ethereum, and now they are having problems finding another good coin to mine so they can recover the money they invested.

Exactly. It remains unclear whether the move to POS will actually make ETH better or make it look like other mediocre altcoins. This upgrade does not empower investors to hold ETH, but rather empowers whales to hold large amounts of ETH, they can manipulate ETH and the losers will be retail investors like us. This is something that a lot of people have warned about and worried about about ETH. Whether POW or POS have pros and cons, not perfect, but for cryptocurrencies, privacy and decentralization should still come first, not just fast and cheap.

[Iyeman]

I hope that Ethereum can bring about a change in the growth of the digital currency which is in a slump, in this merger ethereum can boost all altcoins and provide a compatible confidence for altcoins that have the ethereum network, even though all markets are still hit by inflation and bear markets , at least ethereum can provide good things in all crypto markets...

Ethereum will not able to do that. The only thing that will make it happens is when bitcoin and whole of market was going to the bullish pattern. I don't know when but this is the only thing that can change the situation in the market. You must be prepared with the upcoming bearish trend that may come soon as the main phase of global crisis will be starting from next year. There are so many reports about this.

[zasad@]

https://cointelegraph.com/news/45-of-eth-validators-now-complying-with-us-sanctions-labrys-ceo

"According to the CEO of blockchain development agency Labrys, Lachan Feeney, approximately 45% of all Ethereum blocks currently being validated run MEV-boost relay flashbots and comply with United States sanctions.

Speaking to Cointelegraph in an interview on Sept. 30, Feeney noted that while reports have stated that 25% of all blocks validated since the Merge complies with United States sanctions, this is a lagging indicator and the current number is likely to be closer to one out of every two blocks."

[justdimin]

The merge process has occurred for almost a month and is still a trending topic on social media, I think what the Ethereum team is doing is a step forward to make Eth continue to survive in the top ranking, we are waiting for any steps after the merge process.

Everything is still going well, I see ETH is doing very well, the eth network has become a bit faster and transaction fees have decreased somewhat. While not the lowest fees it used to be, we can still see the positive effects of the merger on ETH. People were just disappointed that it didn't go up after the merge and now looking at the ETH price it doesn't look much better.

That was my fear, I mean merging is not the problem, the problem was what would happen after that? And considering what we have seen before, I was afraid that it would be a lot worse and we would have something that would bother us, like some glitch or bug or any type of problem where hackers would get hold of big funds and so forth.

It hasn't happened yet, which doesn't mean that it would never happen, it just means that it hasn't happened yet, but that’s still a risk that we have managed to postpone and that’s a good thing. If it happens 1-2 year down the line, versus it happening right now, that would be a big deal and it would cause a lot of trouble for sure.

[tvplus006]

We can't be sure that ethereum will outpace bitcoin when the market normalizes. But here ethereum shows that he really follows the development of technology that continues to change. Ethereum became very powerful or even stronger than bitcoin itself it's just that bitcoin has all the crypto community today. It was an advantage that no coin had ever been able to achieve until now.

The Ethereum merger, in addition to resulting in a reduction in energy consumption, opens up opportunities for new updates that will increase transaction speed and scaling. And Ethereum is also becoming deflationary, as the reward for a block is reduced by about 20 times.

[Lagduf]

We can't be sure that ethereum will outpace bitcoin when the market normalizes. But here ethereum shows that he really follows the development of technology that continues to change. Ethereum became very powerful or even stronger than bitcoin itself it's just that bitcoin has all the crypto community today. It was an advantage that no coin had ever been able to achieve until now.

POS gives advantage and disadvantage to the ethereum. Bitcion is still remain king in the crypto. This can't be denied and this is fact. The problem is since people are always doing all in to the any of ethereum update and they are making the update looks over rated.
I meant POS was good but it doesn't mean if it changes all of structures in the ethereum blockchain

[dlightag]

Ethereum blockchain can not be compare with Bitcoin (BTC), because bitcoin has already have long life sperm, than Ethereum (ETH), which bitcoin can not be able to attack  easily or to shunt down, but rather been program for long term, which bitcoin can only have, Bitcoin Halving, which is normally come every four, four years, and nothing like bitcoin merge in the ecosystem.

[|MINER|]

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?

How can I say that the Bitcoin solution is now going to be with Ethereum. I think this is not gonna right that combine etherium and bitcoin together. Both Ethereum and Bitcoin are very important points in the world of cryptocurrencies, but both are praised for their uniqueness in different ways. But I think after the merge of etherium there could be found some good zone but I think Etherium havn't that much quality yet that could beat bitcoin

[Piesel]

There is nothing new to what ethereum has done in the merge, and this merge will only lead to one thing which is the network node will be controlled by the biggest wallet holders and that alone is already a big security threat to the network.

But then even though we decide to look at the problems the ethereum merger could solve in the teeth ecosystem and I have found none as pos still require some other factors that may have not been mentioned in the whitepaper.

[bittick]

agreed smart contract platform from ethereum still arguably have the most utility until this day. meanwhile if it's for investments btc definitely stronger than eth, even right now eth after the merge that was very anticipated is instead getting corrected quite massively. the merge was supposed to increase the value of eth yet it instead losing its price, I think comparing eth with btc in terms of valuation isn't suited.

[tvplus006]

agreed smart contract platform from ethereum still arguably have the most utility until this day. meanwhile if it's for investments btc definitely stronger than eth, even right now eth after the merge that was very anticipated is instead getting corrected quite massively. the merge was supposed to increase the value of eth yet it instead losing its price, I think comparing eth with btc in terms of valuation isn't suited.

This is not surprising, since the price of ETH increased on the news of the upcoming ethereum merger and, accordingly, when this event occurred, we see a correction. In addition, we see that not only ETH is being adjusted, but almost all coins, led by bitcoin, are being adjusted.

[Abiky]

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?

Lol. If you think Ethereum has the solution to all of Bitcoin's problems, then you really don't know the true importance of decentralization. PoS is pure centralization at its core, enabling the rich to take control over the entire blockchain network. This means big exchanges and companies will have a huge leverage over ETH's network operations, leaving the little guy out of the system. With PoW, anyone can participate in the network's consensus with the appropriate hardware. Exchanges won't be able to have the most say on the Blockchain just by using customers' funds.

There's a reason why Bitcoin developers haven't proposed PoS consensus on the BTC blockchain. That's because they want the cryptocurrency to be as decentralized and censorship-resistant as possible. Doing the switch now, means Bitcoin would "bow" itself to the regulators. They may come with the excuse that PoW is energy intensive, but we all know that banks consume more energy than the entire BTC blockchain. Government officials are pushing developers to adopt PoS on major cryptocurrencies in order to get what they want. I feel sorry for ETH as now it will become no different than other useless centralized "shitcoins" on the market. It seems that "The Merge" hasn't been that much of a success, considering that ETH prices dived to $1.3k. Probably Bitcoin will remain the only decentralized cryptocurrency on the market, while the rest will go all the way down the drain. Just my opinion