Topic: [ANN] Ethereum: Welcome to the Beginning - page 21. (Read 2007067 times)

EIP-5133: Delaying Difficulty Bomb to Mid August 2022
Delays the difficulty bomb by a further 500000 blocks, to the middle of August 2022.
https://github.com/ethereum/EIPs/blob/master/EIPS/eip-5133.md
Possibly at the end of this month EIP will be launched at the end of this month.

Ethereum: Welcome to the End...

https://www.youtube.com/watch?v=tqLhvUDodOY&t=465s




The Nordic translation will be something like "Order or Nothing" (edit: and cracked by SkidRow...)
https://www.pouet.net/

https://blog.ethereum.org/2022/05/30/ropsten-merge-announcement/#ru
"Ropsten will be the first longstanding testnet to run through The Merge
A new Ropsten Beacon Chain was launched on May 30, 2022 to provide consensus to the network
The Ropsten Beacon Chain will upgrade to merge-compatible protocol rules (Bellatrix) at slot 24000, expected on June 2, 2022"

Ropsten support will end after a successful testnet

https://discord.com/channels/476244492043812875/476588476393848832/979075630761115719

Ethereum's Ropsten Testnet Set to 'Merge' Today
The Ropsten public testnet, Ethereum (ETH)'s longest-lived proof-of-work (PoW) testnet that allows for blockchain development testing before deployment on the mainnet, is expected to go through The Merge in a matter of hours.

https://cryptonews.com/news/ethereums-ropsten-testnet-set-to-merge-today.htm

https://cryptoslate.com/will-26b-staked-in-eth-2-0-be-unlocked-and-sold-after-the-merge/
Will $26B staked in ETH 2.0 be unlocked and sold after the merge?
Later this year 13 million ETH will be unlocked once Ethereum moves over to proof-of-stake leaving proof-of-work behind. Will this cause a sell the news event?
“there will be an exit queue which may take more than a year in the worst-case scenario or several months in a more realistic one. The release will be slow.”

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No matter how slow it is, $26B additional selling pressure is quite a lot IMO. Even now just 2 months before the alleged swtch to POS it is so big that eth/btc crashed 33% from the last top. This is especially discouraging for the miners who keep some stash with the hope that POS will bring more profits. I expect most of them to switch their rigs to ETC and, as in the first few years of ETH creation, to pump the price enough at some point to become profitable. 10x-50x increase (etc/BTC) is doable for ETC in the next 3 years, and it will surpass anything that ETH can achieve from now on. In the last bear cycle ETH touched 0.016BTC, now I can bet that it will fall at least to 0.03BTC. May be ETH will survive another crypto winter, may be not. Terra is a good lesson why people must not trust some shady individuals with their money. Except for mining and converting to BTC. That is how even the small home miners who started in 2016 with a single gaming gpu, are all millionaires now. So, overall, thank you Vitalik for this opportunity and farewell to your project!

In terms of the development of the Ether project, there are very big plans that they have already implemented into their product for a long time and this is very good news. Then he has a plan to reduce the price of gas and increase the transaction throughput in the network.

Ethereum 2.0 is about to come which will reduce the gas cost significantly and makes Ethereum a blockchain for everyone.

This is a great example of why I'm so proud of @optimismPBC for adding non-token governance (the Citizen House).
Optimism explicitly has goals *other* than just "make OP go up", and the only way to do that long-term is with explicit representation of non-token-holder interests.
source
https://twitter.com/VitalikButerin/status/1532533086352576512

Billions worth of USDT are sold to prepare for the end of POW.

looks annoying when hearing BSV on the ETh thread here   

Wow! Faketoshi has hired marketing shills.

It`s just one of 5 good crypto projects that will survive bear market

The Ethereum Ropsten Merge testnet's first upgrade is scheduled for June 2, and will be complete on June 8.
Ethereum Merge could reduce the altcoin's issuance by 90%, Bloomberg analysts argue this could fuel an Ethereum rally.

https://www.fxstreet.com/cryptocurrencies/news/how-ethereum-price-will-react-after-developers-complete-the-merge-testnet-upgrade-in-one-week-202205311134

Mega Merge Resource List
https://notes.ethereum.org/@MarioHavel/merge-resources

https://hackmd.io/@benjaminion/eth2_news/https%3A%2F%2Fhackmd.io%2F%40benjaminion%2Fwnie2_220520
"#WenMerge
Huge excitement on Twitter arising from the Merge panel at the Permissionless conference. Apparently Preston said that, if everything goes to plan, we should Merge in August, and Justin Drake backed him up stating a “strong desire” to get it done in August without delaying the difficulty bomb. Remember, friends, you heard it here first."

NGMI................................

Well ...

The impact will not be as heavy you make it out to be.

There will be changes, but I can see it all being something of a NewsHype considering the Main thing they want is to get things working as they are, include some changes, and keep things running smooth.

PoW removal is the hard part for such a large NetWork - but ALL of Crypto? Hardly!

#crysx #cwi

The merge will not solve the problem of high commissions. Sharding will help reduce fees, but this may take several years.
https://decrypt.co/101532/ethereum-merge-eth-2
Ethereum's Merge is Coming and the Stakes Couldn't Be Higher
The most important upgrade in blockchain history is slated for August. And the outcome of the Ethereum merge has huge implications for all of crypto.

High gas costs are very annoying 

I hope never   but last I heard was August. 

When ETH 2.0?