Ethereum and the verge

[Anonymous No.50606111]

Bros help me understand this, I want to start off by saying I'm not a genius. I'm just a dude trying to understand this shit.

>the Merge, allows Ethereum to become proof of stake by merging the beacon chain with the current blockchain.
>The surge enables sharding to allow scalability on the block chain by essentially splitting the blockchain into smaller partitions.
I'm not gonna debate about that because I don't know the underlying method of achieving it, but this next part concerns me
>The verge, Statelessness through verkle trees to reduce congestion on the network
So does this mean that it will technically no longer be a blockchain? It doesn't keep a record of transactions and doesn't pass anything into the next block? I'm not trying to make people get angry, I would like someone smarter than me to explain why does not totally ruin the integrity of Ethereum?

[Anonymous No.50606123]

want to know the best merge play?

buy picrel and enjoy

[Anonymous No.50606186]

>>50606123
Wtf

[Anonymous No.50606221]

>>50606111
Ethies can only offer you techno cope as to why their convoluted system won't just devolve (in 20 years max) to the point of being indistinguishable from the present crappy banking/monetary system. Bitcoiners acutally appreciated the importance of having a solid grasp on things like economics, incentives, and game theory from the outset and carefully engineered bitcoin in light of those things. Ethereum has continued to be the experiment of left wing reddit onions men who only realized, much later after launching and promising a bunch of things and shifting narratives several times, the importance of those things like a carefully thought out incentive structure. They are counting on your lack of understanding, that's what keeps the speculation going is a bunch of people just trusting the plan. You're not the minority, you're the average eth investor who just plan trust because boy oh boy that russian skeleton pedo sure does seem like a competent Jimmy Neutron type character. But it'll continue to appear to work for awhile and that's all you care about. As pedo establishment economist John Maynard Keynes would say, in the long run we're all dead anyways.

[Anonymous No.50606249]

>>50606111
after the purge none of it matters because immutability is going bye bye sweatie

[Anonymous No.50606355]

>>50606249
Then what do they do? Just delete the transaction after it's done and rely solely upon the hash it spits out? It's literally not a blockchain then it may as well be running on sql

[Anonymous No.50606363]

you dont have to understand shit anon just buy eth and buy matic thats all you need to know

[Anonymous No.50606393]

>>50606111
>Ethereum and the verge
>verge

[Anonymous No.50606436]

>>50606111
the idea is to separate block production from block validation. in the long run, block production will always centralize in fat node blockchains, so in order to keep the consensus mechanism itself centralized, ethereum will split the processes of creating blocks and attesting on them. this will also kind of fix MEV.

[Anonymous No.50606446]

>>50606436
*in order to keep the consensus mechanism itself DEcentralized of course

[Anonymous No.50606452]

>>50606111
>The verge, Statelessness through verkle trees to reduce congestion
go read. statelessness refers to the CLIENT (ie Geth) not the chain. right now everyone has to locally store the chaindata, which will quickly become impossible once things like sharding get implemented. Verkle trees reduce data required for verification by a factor of 20x or something. The idea is that it will become much, much easier and less intense on hardware for people to run nodes. Which in turn will reduce reliance on shit like infura and aws and make the node network actually decentralized
>>50606249
cope and seethe brainlet

[Anonymous No.50606542]

>>50606355
yeah they delete all the history of everyone not on a special list >>50606452
>techno mumbo jumbo
imagine being this retarded