/biz/ - Business & Finance

>>51429362
What is this ETH merge all about?

https://dexscreener.com/ethereum/0x83608f9b05c0c5b53d7b469f72c705e82a3e9989
found some ethmerge shitcoin

>>51429457
Eth is moving from POW to POS, quite shocking you don't know this

>>51429486
How retarded can you be? You really think biz will fall for this shit?

>>51429362
Considering this merge significantly decreases the ETH energy consumption by a great percentage, and it moves from proof of work to proof of stake, it might actually see a lot of positives. However, it may also become a lot more suspectible to censorship

>>51429457
The Merge is expected to significantly improve the efficiency of the Ethereum network with the merging of the Proof-of-Stake Beacon Chain and the existing ETH execution layer. I'm definitely positive about it

>>51429514
Have you looked at the catalog in the last 2 years?

>>51429362
How the fuck is the merge going to cause congestion in Bridges?

>>51429631
This but it also ends ETH mining and every transaction will be taken up by validators.

>>51429362
What bridges and DEXes do you assume will see a high

>>51429749
There are so many man. But I will put more references to bridge and Dex that are unique and offer quality service.
Bridge that offers cross messaging protocol and NFT bridging.

>>51429646
How do i access this thread if i didn't pass through the catalog?

>>51429719
After the merge there will be tendency for some uisers to transfer their assets back to Ethereum from other EVM hence the congestion.

>>51429819
My question is though, why exactly would the merge lead to congestion of bridges etc. Do you think there will be a decrease in ETH users

>>51429848
Your answer lies here >>51429835

>>51429362
I expect positivity, though it's crypto and anything can happen.

>>51429457
It's a tennis event, that occurs once in a lifetime.
>>51429495
he knows, just pulling people's legs.
>>51429514
For real, those pajeets don't think at all.

>>51429914
Thanks. That does make sense. Then again, with the bridge hacks, do you think it would see a great congestion. Everything is prone to being expoited at the moment

>>51429631
The only thing I see here is the fact that it'll reduce the congestion on the blockchain.
>>51429719
I think it's supposed to reduce the congestion.
>>51429819
I mean, with stuff like this Defi could be heading to some revolution shit.

>>51430088
I assume it would reduce congestion on the ETH chain itself. Like I mentioned the aspect about validators etc. But like someone above mentioned about moving assets back to ETH being a likely reason

>>51429953
>positivity
Bury that thought anon! We really don't know what it has to offer us until it goes live.

>>51429719
I don't actually think it's going to lead to congestion. Some bridges close up for security reasons during the merge.

>>51429914
If anything, could it lead to more activity on cross-chain bridges through this logic

>>51430198
Which bridges are closing, anon

>>51429749
Dexes that have developed a model to help reduce impermanent losses would definitely see a new high.

>>51430088
I totally agree with you.
Yes when you say revolution, do you mean Kickstart another bull run?

>>51430241
Explain this to me in basic terms. As far as I know, one of the solutions to impermanent loss is liquidity providers giving both coins in a correct ratio

>>51430226
>If anything, could it lead to more activity on cross-chain bridges through this logic

This is definitely what i expect to see

You all understand practically 0 NEW ETH will be circulating post merge for up to a year. Validators will get the tips, that’s it. Now, once APR goes up, people buy and stake more Ethereum. EIP 1559 burns ETH. It’s not priced in.. people are nervous about the merge failing. If it works great, it’s going to be fucking Safemoon for validators. POW forks are free money. Wouldn’t suggest selling them though, hold tight. Yes, it’s more centralized, it will be the government coin. Let the world governments pump your bags. Every single validator will retire off of it. Either risk it or regret later. Of course, unless the merge fails. Once you make it, buy bitcoin.

>>51430364
Yeah, first thing I noticed is that validators will be rewarded for their efforts.
>>51430322
It does seem likely, but also a little risky if you ask me.

>>51430153
well, I don't think this is.
>>51430158
Of course, we know... we just don't know how it'll affect the market.
>>51430198
I'm sure they have a better reason.

>>51430517
What do you assume so then, what are your thoughts on how the merge will impact the market and other assets

>>51429362
What if the merge fails?

>>51430567
Truth is, I really wish it'll turn out positive.

>>51429362
If you have 32 ETH and make a validator, how much ETH do you get per year?

>>51430611
Honestly if the merge fails, layer 2s will be needed more than anything. They'll pick up the excess traffic that ethereum cant, especially those that are focused on scalability. Boba network, Allianceblock and the likes. L2s are going to need to carry the load that ETH can't

>>51430865
Interesting. Latter crypto you mentioned is actually fit and strong to carry ETH load based on its soild Dex, Bridge and Fundrs.

>>51430865
These projects you mentioned have been doing the most already. If it fails or not, they will continue to add value.
with a product such as Defi terminal, the second does not need the merge to fail for it to be relevant, cause truly it's already relevant to several projects and the merge has nothing on it.

>>51430629
I'm leaning to that side too. It most likely will. But in most cases, L2s will be on standby.

>>51431070
I agree with you. The DeFi terminal has been helpful to many projects as they've been leveraging on it's liquidity mining as a service.

>>51429992
>he knows, just pulling people's legs.
nobody really knows. Everyone that really knows are relying on those that act like they know just to sound smart

>>51430632
The present earning rates will be equal to the equivalent of 260 to 589 dollars yearly, if I'm not mistaken. DYOR though

>>51429835
This makes sense. So exchanges, dexes and bridges would all be congested after the merge. I believe it would be a positive response.

>>51431070
Whether or not the merge fails, L2s will still thrive. Remember the merge won't solve gas issues

>>51429749
RBX has more than 18 chains on it

>>51431087
some L2s have been doing the most already, I know it'll all go positive though.
>>51431277
It's one product that I feel will have a lasting effect on the space.
>>51431310
Lol, some do know though.

>>51429631
no it's not

bitmexico sent me an email saying to hold on to my buttocks for big volatility

>>51431434
Interesting. Haven't heard of them before

>>51431439
I agree. Any good L2s in particular though

>>51431573
Lmao. Pun intended

>>51429457
it's about revealing vitalika in her final form.

>>51431655
>>Chainlink is an oracle
there's a look out there, though I'd say you look into those with some real products.

>>51431277
Yes! Sadly many don't know this. Also, the SDK would be a win to developers.

>>51431338
Definitely it would be a positive response.
>>51431383
Yes. Many should know the merge won't solve gas fees.

>>51431835
What SDK is this ? a lot of projects are building SDKs to enable people build easily on what they have

>>51431566
What do you mean it's not, anon was right
>>51431750
Agreed. Ones with actual utility
>>51431835
Yeah gas fees will not be changed because of the merge

>>51429835
>How do i access this thread if i didn't pass through the catalog?
by not using the catalog? wtf are you even asking here?

>>51432194
Kek. I'm just as confused about that

>>51432077
I have seen the DeFi terminal SDK of Allianceblock. The Dex and Bridge Sdk is coming soon.

>>51429362
ETH is finally becoming deflationary and net issuance is dropping by 90+% so it is going to be a slow grind up increase in value and then a gigapump into the next bullrun. Be prepared.

>>51429457
>>51429362
Sell
The
News

>>51432301
I saw one of such from holoride also

>>51430989
The Fundrs would be revolutionary idea that would be beneficial to DeFi.

>>51432971
Talking of projects that has SDK that offers opportunities to builders and developers in the space you're here mentioning holoride?

>>51433196
Creators can use the elastic content SDK to create virtual environments for the VR headset

>>51433110
What's Fundrs?

Trade the merge using Dextools my friends. Get ready and prepare properly. Expect the unexpected.

hell yeah
energy consumption will dump like a motherfucker and following that sharding will be introduced which will make Ethereum fees way cheaper through L2s
some L2s like Zksync already have zkEVM testnets and theyre also working with BitDAO to develop an DAO specific scaling solution for them

>>51434358
nothing burger.

I literally have no clue anon. My brain says yes it's a good idea and something positive in general but my heart says it's going to get very, very ugly for mETH. I think it's because I know for a fact a lot of people are going to FUD extremely hard because people dont like change etc etc.

>>51434358
SO MANY FUCKING BUTTONS ANON IM HAVING A MELTDOWN

>>51434411
People don't like change and it's fun to short the market.

>>51431383
That's got some fucking shit anon I don't give a fuck web3payments services has been a sweet pussy,as they cuts out the middleman and lets merchants keep more of their profit margin, it saves up to 80% in comparison to traditional payment systems.

>>51434485
Get tye fuck of this anon thread u sound rekt

>>51429362
Ravencoin does not care.

>>51429457
All the miner TX are vanishing.
It’s gonna be cute watching pedo vitalic babble more nonsense.

>>51434540
wait till you are liquidated tomorrow retard.

>>51431681
Do kwona is surprisedly hot

>>51434318
A P2P investment platform built by Alliance Block

>>51434505
web3 payment still has a lot to do. Sylo is doing payments in Australia, working on India

>>51431383
>Remember the merge won't solve gas issues

The merge has nothing to do with gas issues, i can't believe some people still think otherwise.

>>51432451
>buy the sell, rumor the news
THIS FUCKING CLICHÉ
DOESN'T
MEAN ANYTHING
ANYMORE

"NEWS" IS FULLY INDISTINGUISHABLE FROM RUMOR NOW

>>51432378
Yea anon but the fact that it gas fees got me on my balls an it's a turn-off for me. as Utrust only charges 1% flat fee, and they don’t have cross-border fees or chargebacks, you also can use the Hold app for sending money to friends and family,making it so juicy dude go get useful faggot

>>51435364
shut the fuck dickhead most times you make more sense when get your fucking mouth shut

>>51434992
yea anon you sound retard guess you need some sweet pussy deal as You can buy a home in Turkey via antalya homes. You can do the same in cyprus for real estate and get jewelry in many store and pay in crypto using BTC ETH USDC UTK go get useful pajeet.

>>51429362
Well, doesn't seems like we gonna be smiling at the merge at all..
Few hours left and we still this bloody

>>51429514
Haha>>
>>51429486
A pleb and more stop trying we a ain't gonna be fucked

>>51429549
POS is centralised af, don't give in.
>>51429719
OP is retarded

>>51430865
The pair is progressing in this triangle for years.
It might be time for #Ethereum to go crazy after the #ETHMerge

Could you see this scenario happening anytime soon?

>>51435364
Estimated Time of #ETHmerge Around The World

Miami 1:00 EDT
San Francisco 22:00 PDT
Vancouver 22:00 PDT
Mexico City 00:00 CDT
London 06:00 BST
Berlin 07:00 CEST
Paris 07:00 CEST
Amsterdam 07:00 CEST
Ljubljana 07:00 CEST
Dubai 09:00 GST

>>51437958
The merge is upon us all, get fucked or go home

>>51430632
I hope you get a nice sleep while being a validator

>>51436925
Learnt some projects are halting and suspending operations due to the merge..
Seems like a real thing happening

>>51438052
What exactly do you mean by that?
Any cons of being a validator? There is a profitable alternative to earning more than 200-600 dollars, as mentioned by >>51431335 as a validator.
Staking it is more profitable if that's the case.

>>51438248
> The second ingredient is to punish users for adding ambiguity to the network, a process known as “slashing”. For example, if a validator were to create a fork, or vote on an older sidechain (similar to a 51% attack), then their stake would get slashed. Validators can also be slashed for inactivity, but not as much.

>>51438098
This shouldn't be the case, and if their users are not informed then it sucks.

>>51438098
Oh yeah.. the likes of Alliance block put out an announcement on Twitter some hours ago
>>51438248
BS

>>51430088
tx congestion will not improve at all until sharding is implemented next year

>>51438265
Base
It's better I remain staking on freeway than thinking of being a validator. The rewards is better than staking as a validator which has it cons. Though everything has pros and cons, it's best we choose those that fit our risk appetite.

>>51438324
I needed more clarity, and there are sensible Anons in the biz to provide that aid, not some bag haters that find it appealing to FUD.

>>51434862

>>51438385
Everything is in process and it will definitely come through. Perhaps this is one of the reasons for the merge: to increase scalability, fee, and speed, which are the major problems with POW. Glad the chain is not in any way lagging behind and Vitalik has everything figured out.

>>51438820
Reduce fee I mean.

>>51435364
If you can't distinguish from news and rumors then you should be a mental home and not on the thread cause how dumb can you be?

>>51429457
im going to merge my nose with the smell of your fart

>>51429362
TPTB won't let POW fail. it will pump. mark my words

>>51440037
*POS not POW

>>51432152
>> Agreed. Ones with actual utility
without argument, AllianceBlock stands out here, I mean, launching a product as Fundrs in a bear market still looks miraculous to me.

>>51432301
I saw this SDK as well, not to mention that devs now have a new toy to play with.

>>51429457
I don't know, but since my vinu bags are going up and up, I need them to stay that way until I can retire

>>51433110
The best of Defi is yet to come.

>>51438324
If it's AllianceBlock, I know they have a good reason for this...

>>51438385
I believe this is the first step though. If this succeeds, we can bet on every other coming after.

>>51440472
This is a perfect example of building for the moment, with most projects finding it hard to raise funds during the bear market, this is a no-brainer.