Say ETH mainnet merge happens a week or two before SmartCon, what does the market do?
Pumps in anticipation? Or dumps in anticipation?
Say ETH mainnet merge happens a week or two before SmartCon, what does the market do?
Josiah Allen
Other urls found in this thread:
David Gray
massive dump, eth always dump during the conf
Hunter Cook
Stop huffing hopium on chainlink you fucking ingrate. Chainlink is NEVER FUCKING PUMPING. GET THAT THROUGH YOUR FUCKING HEAD
Eli Rogers
What's a good entry? If the merge works smoothly that's billions of dollars of annual sell pressure gone in an instant.
Luke Harris
didn't they say the merge was coming back in 2020 too?
Easton Kelly
They've already merged nearly all the testnets, no question it's really happening this time.
Adam Thomas
Now.
Leo Myers
probably now or a month before the merge, days before and shortly after the merger there will be a massive dump as VC beg for any liquidity for their stETH
Jaxon Ramirez
about time
should help shift the environmental narrative and get eth to #1
once btc is out of # 1 it's never going back and it is vital for the space to move forward, even just to get the btc cul de sac out of plebs head when they hear crypto/blockchain
Joshua King
jews need a pos coin to continue the interest scam.
David King
>sassal.redbrickbarcade
cringe
Jordan Anderson
Eth will still have obscene fees by default. Just because the merge happens doesn't mean people are using it as during the bullrun. There is zero reason for eth to pump, and myriad for it to dump.
Joseph Campbell
>what are rollups
Lincoln Perry
Retarded take. You have a huge amount of catching up to do. Nobody will transact directly on L1s.
Henry Campbell
Where will people interact?
Ryder Taylor
>what are rollups
Christopher Fisher
Like fruit roll ups?
Layer 2s will talk with layer 3s while zksharting on a few side chains until merging back onto the main Ethereum chain. All for a measley cost of $20 per transaction. Third worlders will have to save for months in order to stake their dogbuttcatshit for that sweet 7% apy. If you can't see how this is the future if finance then you're simply a lost cause.
Levi Davis
Why does chainlink need to wait until the merge? Does it have something to do with the L2 reduced gas thing? Or is that already live?
Will link staking be operating on its own Arbitrum chain or something?
Aiden Gonzalez
read Torgin's paper on TWAP oracles and MEV
Carson Long
I'm checking it out
eprint.iacr.org
Daniel Ramirez
Question for the meth heads:
Who is going to be validating the chain? Once the merge happens miners are no longer needed. Will these mining operations simply convert to staking operations? If so, how many servers will they need? What are their incentives for keeping the network running? I have a feeling ethereum is going to grind to a halt once the merge happens. PoS doesn't incentivize validators to improve network throughput.