"The #Merge" is an upgrade to Ethereum that swaps out the current proof-of-work (#PoW) consensus mechanism with a more eco-friendly, efficient, and secure proof-of-stake (#PoS) consensus mechanism.
When the merge occurs the current #PoW consensus mechanism will be fully deprecated and all blocks on Ethereum will be produced via #PoS.
#WEN MERGE? βοΈ
If all goes smoothly, #Ethereum developers expect the merge to take place during the week of September 15, 2022
Now that the #merge is actually happening and people seem to be super excited about it, obviously, some people didn't like that idea and decided to do their own #fork out of #Ethereum. The good news here is we can win something out of this once happens.πͺπ»
@EthereumPoW is one of the forks that is planned and they want to keep it as its today and continue using Proof of Work. The project is backed by @justinsuntron tlyk
So despite how much gonna worth is an easy #airdrop. All you need to do is to hold all your $eth in your wallet.
Remember to withdraw your $ETH from the #CEX and hold it in your own wallet/Do not forget to unwarp the $WETH too
@EthereumFair ($ETF) is the second fork that we gonna see once the merge happens/again all you need to do to just hold all the ETH you own in your wallet. #ETHPOW
When the #merge happened we just need to change #RPC which I will be sharing later. There might be other #forks, So please comment below if I missed them.
Like/RT the first tweet :)
Comment and Follow /cheers
@etherdao__ is the 3rd fork, Tnx @ALI10307080 for pointing out #ETH1 is a brand new chain, that will inherit Ethereum POW function. When Ethereum moves to POS, Ethereum One ($ETH1) will be activated.
This threat will get updated once we have discovered more
thread* :))
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π¨Things you need to know Before/After the Merge & BEWARE Replay Attacks? π―π΅οΈ
The #Merge is less than 10 days away like it or NOT but What should we expect and do with our $ETH, Staking, and #NFTs
Let's explore the Myths/Risk and the Truth around it.
π¨ππ» π§΅β‘οΈπ΅οΈ
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Before we start if you haven't checked my last thread π§΅about the forks and the potential #Airdrops that come with #merge make sure to check below :)
Your Like/RT/ comment and follow are highly appreciated. β€οΈ
WHAT'S THE NEXT $CANTO? Here is a list of 10 new blockchains to expect in 2022-2023
@CantoPublic is a #layer-1 blockchain built to deliver on the promise of #defi. as a post-traditional financial movement, $canto enables accessibility, transparency, and freedom for new systems.
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the way they airdropped was something that almost surprised everyone you could simply get like 2K $Canto for doing nothing and just requesting a test #token for their #testnet but if you were early and lucky enough to receive the test token ππ»
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By doing a few simple tasks you were eligible to get around 10K $Canto that people sold for +5000K
here are the criteria for the airdrop so if you have posted the tweet and haven't checked your wallet this might be a good time to do #LFG