/biz/ - Business & Finance

Anonymous Sat Nov 12 15:13:12 2022 No.52384443 [View]
File: 121 KB, 1946x1167, mevwatch.png [View same] [iqdb] [saucenao] [google]

>>52384040
Am I correct in saying that one of the main reasons why Ether is outperforming BTC is because people cannot unstake their Ether until the next upgrade? The quantities are probably in the hundreds of millions in USD.

>staked ETH (ETH2.S) will remain staked and not available for unstaking until the Shanghai upgrade at a later date.
https://support.kraken.com/hc/en-us/articles/360052734432-Ethereum-Merge-Staking-and-Trading-FAQ

>ETH is technologically superior, has most network usage, utility, innovations, developers, etc
That's true, but all that comes at a cost. Almost every upgrade is a hard fork where things could break. And these upgrades are mostly steered by the Ethereum Foundation, which brings a host of other issues. OFAC compliance also worries me: https://www.mevwatch.info/

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