Vitalik Buterin says The Merge is Not 'Priced in' as Investor Promises to Fork Ethereum | The Markets Café
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Tuesday, March 21, 2023
No Result
View All Result
Subscribe
  • Login
The Markets Café
en English
zh-CN 简体中文en Englishfr Françaisde Deutschhi हिन्दीit Italianoja 日本語pt Portuguêsru Русскийes Españoltr Türkçe
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
No Result
View All Result
The Markets Café
No Result
View All Result
  • News
  • Politics
  • Markets
  • Crypto
  • Economy
  • Finance
  • Forex
  • Investing
  • Tech
  • Videos
  • Community
Home Crypto DeFi

Vitalik Buterin says The Merge is Not ‘Priced in’ as Investor Promises to Fork Ethereum

by Press Room
August 14, 2022
in DeFi
96 7
A A
0
21
SHARES
687
VIEWS
FacebookTwitter

 

Ethereum (ETH) co-founder Vitalik Buterin argued that The Merge is not “priced in,” not only in market terms, but also in psychological narrative terms. Meanwhile, a well-known investor has voiced his plans to fork Ethereum.

Commenting on the morale around Ethereum developers during this year’s Ethereum Community Conference (EthCC), Buterin said it is all “genuine” now contrary to 2018 and 2019 when the Ethereum elites had “forced high morale” in order to keep up everyone else’s spirits.

However, he noted that while The Merge is “looking more and more in the front view mirror,” it is still not “priced in” – both in market terms and in psychological narrative terms.

Buterin claimed that some people still think that the much-touted proof-of-stake (PoS) is merely a “noise” and that most people believe it “is not going anywhere,” adding that The Merge might not get priced in until it happens.

As a reminder, The Merge is Ethereum’s much-anticipated upgrade when the current Ethereum Mainnet merges with the beacon PoS system. In other words, The Merge will see Ethereum completely shed the proof-of-work (PoW) system it currently uses in favor of PoS.

As reported, Ethereum developer Tim Beiko proposed September 19 as the tentative date for The Merge.

Notably, Ethereum’s tenth “shadow fork” went into effect on Tuesday, 26 hours ahead of schedule, at 11:45 UTC at block 15217902 when Terminal Total Difficulty (TTD) was overridden.

Meanwhile, Chandler Guo, a well-known miner, angel investor, and adviser in Bitcoin (BTC) and Ethereum startups, apparently aims to fork Ethereum as the chain prepares to transition to PoS, so another version of Ethereum stays on Pow.

At 7:31 UTC on Thursday, ETH is trading at USD 1,636, up by 11.8% over the past 24 hours, as well as the 7% in a week and 37% in a month. 

____

 
– US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation, Bitcoin & Ethereum Jump
– Volatile Months Ahead for Ethereum & USD 1,711 Likely for Year-End, Says Crypto Industry Panel

– Ethereum Merge Date Proposed for September
– Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to ‘Overly Catastrophize’ It

– 6 Key Points in Vitalik Buterin’s Vision for Ethereum Presented at EthCC
– A Look at Ethereum’s Merge



Read the full article here

Related Articles

DeFi

Hostile Takeover Fears: DefiLlama Co-Founder Exposes Internal Rift over Token Launch – What’s Going On?

March 20, 2023
DeFi

Shiba Inu Price Prediction as Shibarium Public Beta Launch Approaches – Is a SHIB Pump Coming?

March 16, 2023
DeFi

Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?

March 14, 2023
DeFi

How USDC Stablecoin Depegging Could Break Many Crypto Firms But Bitcoin Will be Stronger

March 12, 2023
DeFi

Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App

March 10, 2023
DeFi

Bloomberg Expert Sounds the Alarm: Bitcoin at Risk of Major Collapse – Here’s Why

March 8, 2023

About Us

The Markets Café

The Markets Cafe is your one stope Finance, Politics and bussines news website, follow us to get the latest news and updates from around the world.

Sections

  • Commodities
  • Crypto Markets
  • Crypto News
  • DeFi
  • Economy
  • Explained
  • Finance
  • Forex
  • Futures
  • Investing
  • Markets
  • News
  • NFT
  • Politics
  • Real Estate
  • Stocks
  • Tech
  • Videos

Site Links

  • Contact
  • Advertise
  • DMCA
  • Submit Article
  • Forum
  • Site info
  • Newsletter

Newsletter

THE MOST IMPORTANT FINANCE NEWS AND EVENTS OF THE DAY

Subscribe to our mailing list to receives daily updates direct to your inbox!

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

© 2022 The Markets Café - All rights reserved.

No Result
View All Result
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • Videos
  • Community
  • Charts

© 2022 The Markets Café - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.