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Ethereum Merge: Biggest Thing In Crypto Since Bitcoin | Forbes

by crypetonews
September 8, 2022
in Videos
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Imagine having to change the engine of a spaceship mid-flight. A similar task is facing Preston Van Loon and a few dozen more developers working on a critical software upgrade to Ethereum, the blockchain underpinning thousands of decentralized applications and ether, a cryptocurrency with a $204 billion market capitalization.

Awaited for years, the upgrade entered its first phase–called Bellatrix–at 7:34 A.M. EST on 9/6, setting the stage for the blockchain’s merge with another decentralized ledger named the Beacon Chain and changes in the economics of ether (ETH).

If all goes well, around Sept. 15 Ethereum will adopt the Beacon Chain’s method of processing transactions, proof-of-stake, which is approximately 99.95% more energy efficient than the current proof-of-work mechanism.

“We’ve been testing the Merge for maybe a year at this point,” says Van Loon. “We’re not sleeping much in part out of excitement and in part out of a little bit of anxiety because it is such a big deal with so much at stake.”

No major blockchain has faced an overhaul of this scale.

“I consider this the most significant catalyst in crypto history in terms of its magnitude and the fact that ETH is the second largest crypto,” says Travis Kling, chief investment officer at crypto asset management firm Ikigai.

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Tags: Biggestbinance newsBitcoinbitcoin newsbitcoin news todaybitcoin prediction for todaycryptocrypto analysiscrypto news todaycrypto price predictioncrypto scamsethereumethereum newsForbeslatest metaverse newslatest nft projectsMergemetaverse newsnft news today
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Comments 40

  1. FME PRO says:
    9 months ago

    Excellent content. I used the last dip to stock up, buying AMZP2 now its cheap, can't miss the presale.

    Reply
  2. Emir Açıkoğlu says:
    9 months ago

    MY wife will kill me if if i don't buy AMZP2 Bagged

    Reply
  3. Ford ff says:
    9 months ago

    Boys is it best to invest in *AMZP2 * monthly or weekly? I'm thinking the fees will be higher if done weekly.

    Reply
  4. Bekir demir says:
    9 months ago

    AMZ to the moon

    Reply
  5. Alp says:
    9 months ago

    How do you feel about AMZP2 moving into the nft marketplace? Is it still a buy?.

    Reply
  6. Kopyacı Mülayim says:
    9 months ago

    We'll see about that. I don't mind to see the crash. I just hope I'll have a lot of USDT to buy more AMZP2 live presale.

    Reply
  7. Wlab Studios says:
    9 months ago

    Yes I saw Amazon AMZP2 they announced a partnership with huobi

    Reply
  8. Kerem Karaman says:
    9 months ago

    I didn't like the look of the $ETH chart yesterday and I took profits on everything and bought AMZP2 .

    Reply
  9. Furkan Sarı says:
    9 months ago

    So basically bearish on everything except amazon's AMZP2

    Reply
  10. CANDY♡COUGH says:
    9 months ago

    AMZP2 Saved me after the LUNA Crash

    Reply
  11. Bot Özcan says:
    9 months ago

    I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling AMZP2 and i know my patience will pay off .

    Reply
  12. Spulni says:
    9 months ago

    Binance CEO talk about AMZP2 and hinted let it list on binance, cant imagine the price at 2023!.

    Reply
  13. gamer forzaki says:
    9 months ago

    I’m buying AMZP2 on sale, waiting for BTC to maybe drop again before I add more. Hope to take some Eth profits by Sept proof of stake

    Reply
  14. ONUR'LA EĞLEN VE ÖĞREN says:
    9 months ago

    We will rise with AMZP2 and Matic!!! Just HODL

    Reply
  15. CengoBurakfyp says:
    9 months ago

    It hits different to see Amazon join crypto AMZP2

    Reply
  16. M Egzersiz says:
    9 months ago

    I already converted all my ETH to AMZP2 , now I feel like moving all my BTC to ADA as well.

    Reply
  17. Ahmet Akbulut says:
    9 months ago

    Imagine missing the Amazon AMZP2 on-going presale, HODL STRONG the public sale about to explode

    Reply
  18. Kel Oğlan says:
    9 months ago

    DCA AMZP2 and chill. You'll be obnoxiously rich in less than 5 years. What's 5 years among friends?

    Reply
  19. CLKNGVNG says:
    9 months ago

    We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some AMZP2 Thanks for keeping us informed during this times of doubt?

    Reply
  20. BRAWLER _GÖKMEN says:
    9 months ago

    Truly love your candidness, I DCAed today again for BTC AMZP2 and ETH

    Reply
  21. MUSAB KR says:
    9 months ago

    Without watching the video, I know everything is good with AMZP2

    Reply
  22. Tabriz Ismayilov says:
    9 months ago

    I’d rather buy AMZP2 , atom, polka and polygon!

    Reply
  23. Canan Yılmaz says:
    9 months ago

    Myself during this Bear Market only trying to focus on BTC, AMZP2 , ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦

    Reply
  24. NecaTi Can Aksoy says:
    9 months ago

    Everyone waited for Amazon to create AMZP2 and the time is ready

    Reply
  25. back T O X I C says:
    9 months ago

    Wow I'm so surprised you mentioned AMZP2 . I have been keeping eye on it for a while and it seems very promising.

    Reply
  26. roblox diyarı says:
    9 months ago

    Thanks for deleting the spam bots, While I'm here though, AMZP2 is the next moon shot for sure

    Reply
  27. Expect says:
    9 months ago

    AMZP2

    Reply
  28. asdasdasdasd says:
    9 months ago

    We'll be going to the bottom within 6-9 months. For now, DCA-ing bi-weekly with 21usd in AMZP2 /BTC and monthly 21 in CRO.

    Reply
  29. OFFTENTACIONX says:
    9 months ago

    Any thoughts on AMZP2 ? it's the best thing since slice bread.

    Reply
  30. AHMET says:
    9 months ago

    I'm DCAing in AMZP2 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

    Reply
  31. sabrina kontant says:
    9 months ago

    While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMZP2 will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.

    Reply
  32. Patrick Robot says:
    9 months ago

    Thanks for this wonderful video..I have incurred so much losses trading on my own….I trade well on demo but I think the real market is manipulated…. Can anyone help me out or at least tell me what I'm doing wrong?

    Reply
  33. Tony Storcke says:
    9 months ago

    Ethereum finally becomes useful.

    Reply
  34. Gianni Douglas says:
    9 months ago

    more than half of my bitfinex portfolio is in vitalik's hands… i feel safer than ever haha

    Reply
  35. Mike Milly says:
    9 months ago

    Despite the economic downturn, I'm happy ☺️. I have been earning $60,200 returns from my $10,000 investment every 13 days

    Reply
  36. Jason Hattrich says:
    9 months ago

    They have to upgrade, and get ready for shib to go to .01🚀🚀🚀🚀🚀🚀

    Reply
  37. Bun Rith says:
    9 months ago

    I don't know who needs to hear this , you've got to stop saving your money. Invest some part of it .if you really want financial freedom

    Reply
  38. Bruce van der Mescht says:
    9 months ago

    This is going to be just another non event, watch the price drop like a lead balloon after the merge.

    Reply
  39. Ben Kent says:
    9 months ago

    Great video❤️
    I hope everyone gets rich

    Reply
  40. Shawn Pews says:
    9 months ago

    The merge won't cut gas fees. Most people will stick to other chains when it comes to USDT transactions.

    Reply

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