Death of Etheruem mining - Predicitions - page 7.

sp_

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Team Black developer

Quote from: edgycorner on May 13, 2022, 12:03:40 PM

Switching to POS does come with huge risk. The market may be a factor in their decision making.
But what excuses can they give once everything is developed, tested, and concluded as working.

Nasdaq has dropped more than 25% this year, and alot of investors will sell once the locked stakable coins are released.
Moving to POS would probobly destroy the price of the coin..

Quote from: edgycorner on May 13, 2022, 12:03:40 PM

They can't stall it forever without any real reason.

They have been stalling since 2017 and can stall some more. No date has been promised yet.

edgycorner

sr. member

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Hurrah for Karamazov!

Quote from: philipma1957 on May 13, 2022, 09:59:13 AM

Quote from: edgycorner on May 13, 2022, 06:23:18 AM

Quote from: sxemini on May 13, 2022, 06:01:35 AM

No merge this year or you also believe in santa claus. The history show it - we speak about PoS since 2016 or 2017 and nothing happens. I know we are closer than ever before, but no not this year Cheesy

Shadowfork results says otherwise tho. Many devs are confident that we will witness the merge very soon. Unless you have some insider info Shocked

I do understand your skeptical outlook tho(their history is tainted when it comes to merge wen).

I had my share of doubts too, until I started following the updates more closely. This time we have shadowforks, which is a copy of mainnet itself. And they have merged 4 copies of mainnet till now with a few minor bugs.
I am very confident with my findings and conclusion.

After the luna ust disasters. pos will be put off for this year. unless eth crashs to sub 1000 usd.

If eth floats in the 1800-2500 price range or higher going pos is not happening.

they are simply not taking the chance of tanking the market like we just saw with luna ust.

if eth moons to 5000-9000 they will likely do nothing. for the same reasons.

but if eth crashes to 700 we will see the switch to pos asap.

we just saw that a garbage shit coin combo of luna/ust crashed and burned dragging the market with it.

eth is not going to do this.

they need only wait for a solid price drop to say we will rescue eth and go pos.

till then nothing. okay

Switching to POS does come with huge risk. The market may be a factor in their decision making.

But what excuses can they give once everything is developed, tested, and concluded as working. They can't stall it forever without any real reason.

Coinfarm ventures

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Activity: 182

Merit: 152

Quote from: philipma1957 on May 13, 2022, 09:59:13 AM

After the luna ust disasters. pos will be put off for this year. unless eth crashs to sub 1000 usd.

If eth floats in the 1800-2500 price range or higher going pos is not happening.

they are simply not taking the chance of tanking the market like we just saw with luna ust.

if eth moons to 5000-9000 they will likely do nothing. for the same reasons.

but if eth crashes to 700 we will see the switch to pos asap.

we just saw that a garbage shit coin combo of luna/ust crashed and burned dragging the market with it.

eth is not going to do this.

they need only wait for a solid price drop to say we will rescue eth and go pos.

till then nothing. okay

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: edgycorner on May 13, 2022, 06:23:18 AM

Quote from: sxemini on May 13, 2022, 06:01:35 AM

No merge this year or you also believe in santa claus. The history show it - we speak about PoS since 2016 or 2017 and nothing happens. I know we are closer than ever before, but no not this year Cheesy

Shadowfork results says otherwise tho. Many devs are confident that we will witness the merge very soon. Unless you have some insider info Shocked

I do understand your skeptical outlook tho(their history is tainted when it comes to merge wen).

I had my share of doubts too, until I started following the updates more closely. This time we have shadowforks, which is a copy of mainnet itself. And they have merged 4 copies of mainnet till now with a few minor bugs.
I am very confident with my findings and conclusion.

After the luna ust disasters. pos will be put off for this year. unless eth crashs to sub 1000 usd.

If eth floats in the 1800-2500 price range or higher going pos is not happening.

they are simply not taking the chance of tanking the market like we just saw with luna ust.

if eth moons to 5000-9000 they will likely do nothing. for the same reasons.

but if eth crashes to 700 we will see the switch to pos asap.

we just saw that a garbage shit coin combo of luna/ust crashed and burned dragging the market with it.

eth is not going to do this.

they need only wait for a solid price drop to say we will rescue eth and go pos.

till then nothing. okay

Pterosaur

member

Activity: 207

Merit: 12

Syntrum.com

Quote from: sxemini on May 13, 2022, 06:01:35 AM

No merge this year or you also believe in santa claus. The history show it - we speak about PoS since 2016 or 2017 and nothing happens. I know we are closer than ever before, but no not this year Cheesy

When history repeats itself too many times there will come a time where things will work out differently, just because the merge have failed so many times doesn't mean it will keep failing, its when you least expected that the impossible will become possible, so do not sleep on the idea that PoS isn't coming to ETH.

edgycorner

sr. member

Activity: 1064

Merit: 382

Hurrah for Karamazov!

Quote from: sxemini on May 13, 2022, 06:01:35 AM

No merge this year or you also believe in santa claus. The history show it - we speak about PoS since 2016 or 2017 and nothing happens. I know we are closer than ever before, but no not this year Cheesy

Shadowfork results says otherwise tho. Many devs are confident that we will witness the merge very soon. Unless you have some insider info Shocked

I do understand your skeptical outlook tho(their history is tainted when it comes to merge wen).

I had my share of doubts too, until I started following the updates more closely. This time we have shadowforks, which is a copy of mainnet itself. And they have merged 4 copies of mainnet till now with a few minor bugs.
I am very confident with my findings and conclusion.

sxemini

member

Activity: 1558

Merit: 69

No merge this year or you also believe in santa claus. The history show it - we speak about PoS since 2016 or 2017 and nothing happens. I know we are closer than ever before, but no not this year Cheesy

edgycorner

sr. member

Activity: 1064

Merit: 382

Hurrah for Karamazov!

13/05/2022 Updates:

Shadowfork 4 was a success, except for minor bugs with erigon.
Another shadowfork planned for next week
Source: https://twitter.com/parithosh_j/status/1524767841773363200

There's a dev meeting scheduled for today.
Tune into the meeting at 1400 UTC(1 hr from now): https://www.youtube.com/watch?v=BFxkGdPv4F8

Devs meeting has been concluded.
Major point from the meeting:
->They are going to merge Ropsten chain on 8th June.
->They didn't talk about the difficulty bomb at all(surprising).
->There were a few voices rasied to delay Ropsten merge till 15th, but majority of devs wanted to get it done earlier. Hence, 8th of June.

My conclusion from today's meeting and how it effects the merge:
Difficulty bomb has been predicted for 15th June 2022. We definitely aren't going to merge mainnet by 15th June 2022. So they are going to delay the bomb. It's going to be the final delay(unless they stumble across some major issue during testnet merge).

This delay will be in accordance with mainnet merge date(i.e. whichever date devs are confident with). Judging by how the development is going, it will be a delay of 2 months from June 15th. So 15th of August is my prediction for merge.

edgycorner

sr. member

Activity: 1064

Merit: 382

Hurrah for Karamazov!

Merge is going to happen sooner than later, you can follow the major events here: wenmerge.com

It all depends on one question,
When will devs be confident enough to push the merge?

For this^ to happen
>All shadowforks must pass without any major bugs.
>Public Testnets should merge without any bugs

We have been through 4 shadowforks, and all of them went through successfully.
They have planned a 5th shadowfork(possibly final) for 20th may.

Lets dedicate this thread to the discussion of merge, the day when GPU mining will be officially dead(forever?)

My estimate for now: Merge in August 2022

Place your bets here : https://polymarket.com/market-group/ethereum-merge-pos

Topic: Death of Etheruem mining - Predicitions - page 7. (Read 2662 times)