Ethereum Merge broke ATH on @GoogleTrends
This is the most overlooked keyword of @ethereum in 2022 🔭
And you should not miss this watershed event🌊
Curious about the Merge?
A thread 🧵
#Ethereum #ETH 1/
This is the most overlooked keyword of @ethereum in 2022 🔭
And you should not miss this watershed event🌊
Curious about the Merge?
A thread 🧵
#Ethereum #ETH 1/
2/ I will cover:
📍What is Ethereum Merge?
📍Why is it inevitable?
📍How will it affect Ethereum?
📍The edge⚔️
📍What is Ethereum Merge?
📍Why is it inevitable?
📍How will it affect Ethereum?
📍The edge⚔️
3/ Ethereum Merge broke ATH on @GoogleTrends
The keyword is getting eyeballs in Developed Countries👀
This seems to be overlooked in developing countries
The keyword is getting eyeballs in Developed Countries👀
This seems to be overlooked in developing countries
4/ So what is Ethereum Merge?
Ethereum is now using the Proof-of-Work (PoS) consensus, exposing many drawbacks
After the Merge, Ethereum will use Proof-of-Stake (PoS) instead of PoW
Ethereum is now using the Proof-of-Work (PoS) consensus, exposing many drawbacks
After the Merge, Ethereum will use Proof-of-Stake (PoS) instead of PoW
5/ WHEN?
~Q2 2022
The road to Ethereum 2.0 is still long
L2s still have plenty of room to expand
#ETH #Etherum #Layer2
~Q2 2022
The road to Ethereum 2.0 is still long
L2s still have plenty of room to expand
#ETH #Etherum #Layer2
6/ Ethereum will MERGE with what?
➔ Beacon Chain is a PoS chain running separately w/ Ethereum. The chain is planned to merge w/ Ethereum
It went mainnet in Dec 2022 with impressive on-chain numbers
• Active validators >320k
• ETH Staked: >10M ETH
• APR: ~4.8%
➔ Beacon Chain is a PoS chain running separately w/ Ethereum. The chain is planned to merge w/ Ethereum
It went mainnet in Dec 2022 with impressive on-chain numbers
• Active validators >320k
• ETH Staked: >10M ETH
• APR: ~4.8%
7/ Why the Merge?
Ethereum needs a "once and for all" solution to solve the blockchain trilemma
(Decentralization, Security, Scalability)
PoS will solve all challenges while maintaining high-level security🚀
Ethereum needs a "once and for all" solution to solve the blockchain trilemma
(Decentralization, Security, Scalability)
PoS will solve all challenges while maintaining high-level security🚀
8/ Ethereum will turn into a new leaf after the Mege 🍀
• TPS from 30 TPS to 100k TPS
• Decreasing power consumption by 99.95%
• The Meger will not change the user experience
• Eliminating the exploit risks
👀Probably Nothing
• TPS from 30 TPS to 100k TPS
• Decreasing power consumption by 99.95%
• The Meger will not change the user experience
• Eliminating the exploit risks
👀Probably Nothing
9/ Ethereum Miners will be "UNEMPLOYED"
➔ Shifting to operate Ethereum PoS validators
How?
• At least 32 ETH to become a validator
• You can stake ETH on Beacon Chain for now
Note:
• The transaction will be irreversible
• Can't withdraw staked funds until the future update
➔ Shifting to operate Ethereum PoS validators
How?
• At least 32 ETH to become a validator
• You can stake ETH on Beacon Chain for now
Note:
• The transaction will be irreversible
• Can't withdraw staked funds until the future update
10/ THE EDGE
Ethereum 2.0 will be a Bogeyman 👻 to other scaling solutions (Rollups, Sidechains, Plasma,...)
Ethereum-L2 bridges are unreliable as many exploits occurred (latest: $600M Ronin Hack)
Who needs them while Ethereum 2.0 can solve all the challenges?🤔
Ethereum 2.0 will be a Bogeyman 👻 to other scaling solutions (Rollups, Sidechains, Plasma,...)
Ethereum-L2 bridges are unreliable as many exploits occurred (latest: $600M Ronin Hack)
Who needs them while Ethereum 2.0 can solve all the challenges?🤔
12/ All Threads about Layer-2 scaling solution from my teammates
https://twitter.com/Viet_Coin98/status/1510581038497427456?s=20&t=cenXNHNoeKhPLpBevRBF0Q
13/ Q2 Market Outlook by @DiQiDc2k
https://twitter.com/DiQiDc2k/status/1510569978894106625?s=20&t=29DN0LYnoMV6wuUvg8LJmg
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