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/biz/ - Business & Finance

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50564750 No.50564750 [Reply] [Original]

What does the "merge" mean for ETH? Lower fees? Faster?

>> No.50564776
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50564776

>>50564750
It means the system get's upgraded, you'll now get fucked twice as hard and twice as fast, welcome to the future of getting fucked by a russian tweaker.

>> No.50564800

>>50564750
Higher price

>> No.50564811

>>50564800
Ok but will it fix retarded gas fees

>> No.50564817

>>50564811
No

>> No.50564818

>>50564776
Kek Z

>> No.50564853

>>50564817
gay. so le mergerino will make ETH... still worse than garbage shitcoins like algorand

>> No.50564866

No, but PLSX wil ;)

>> No.50564871

>>50564853
>algorand
>shitcoin
I defy your fud good sir.

>> No.50564879

>>50564871
$1 by 2030 enjoy

>> No.50564893

>>50564879
How does 13$ sound?

>> No.50564898
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50564898

>>50564893
>t. picrel

>> No.50564908

the merge means relying on whales to validate transactions and not on miners. it’ll be compliant to the green movement but fees will still be high during peak hours and mostly benefits whales

>> No.50564909

it means it turns into a ponzi scheme. PoS is a POS.

>> No.50564911

>>50564811
Nope. Sphagetti is slow af.

>> No.50564920

>>50564908
32eth whales, anon....

>> No.50564924
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50564924

>>50564898
One can dream.

>> No.50564957

>>50564750
It means shit is ready to test sharding, which will massively increase TPS and lower gas fees.
The biggest immediate benefit is that the ETH chain will no longer eat GPU time, which destroys the "muh global warming" fud angle.

>> No.50564997
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50564997

>>50564957
are you saying ethereum is going to piss and shard in its pants

>> No.50565025

>>50564997
Piss and shard on the competition more like

>> No.50565039

>>50564750
Instead of $500 per transaction it'll be $450 a transaction

>> No.50566542
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50566542

>>50564750
Higher price, that's why I've start looking at Payment projects that renders amazing crypto service at a very low price. I think UTK and XPRESS looks promising in this light

>> No.50566562

>>50566542
The merge might be a positive for every project. Saw a tweet talking about it on their page some days back. Lower gas fees is a win imo

>> No.50566565

>>50565039
I don't think you get this anon. You think the merger is for ETH to lost $50. You thinking like a shit

>> No.50566598

>>50566562
Let it go live then, because I don't see any benefits for other projects at this time. I have faith in those I'm working with right now.

>> No.50566681

>>50566598
They started talking about the merge many years ago. The merge has not happened yet. But they're still talking about it.

>> No.50566996

>>50566681
It may not happen anytime soon. This is more reason i choose to look elsewhere

>> No.50567010

>>50566996
>not happening any time soon
kek never change /biz/

>> No.50567018

>>50566996
Nothing is gonna dislodge ETH. You can stake it together with other promising projects. But never cancel it

>> No.50567130

>>50564750
The consensus algorithm changes from PoW to PoS. This means transactions will be validated by stakers instead of miners. There's no significant change to fees or speed and users won't notice the difference. Because staking has much smaller running costs than mining, a smaller issuance is enough to incentivize validators. Issuance will drop by 90%, this means lower inflation and long term upwards pressure to the price.