EthereumMerge is one of the most anticipated events in cryptocurrency. Here's what you need to know about Ethereum’s major upgrade that has been years in the making.
With so many variables and unknowns, it is impossible to predict what will happen to Ethereum’s token price as a result of the Merge.
PoW proponents counter that PoS staking carries its own centralization and security risks, making it possible for malicious actors to directly “buy” control of the network. They also point out that PoS is a less battle-tested system than PoW, which has proven resilient as the backbone of the two largest blockchain networks.Why no hard date? Each block on Ethereum’s PoW network carries a difficulty number representing how hard miners must work to add it to the network.
Those who stake via centralized staking services or pools will need to keep an eye out for announcements on how withdrawals will be handled.If you hold ether today, you won’t need to claim new “PoS ETH” or “ETH2” tokens. Your balance will remain exactly the same after the Merge, and you’ll be able to resume using the network as if nothing has changed.
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