The Tradeguru 🧠
The Tradeguru 🧠

@The_Tradeguru

8 Tweets 4 reads Aug 26, 2022
ETH 2.0
THE ETHEREUM MERGE👇
➡️A layman's definition and what you need to know about the merge
➡️The benefits of the merge
➡️The official release date
➡️Some coins to look out for potential gains.
(highlighted of handles, sources and links to revert to)
#EthereumMerge
🧵🧵🧵
What is The Merge?
The merge, a.k.a Ethereum upgrade is a transition from Eth's Proof-of-work crypto to a Proof-of-stake. The Pos is a method of maintaining integrity in a Blockchain, ensuring that Users of a crypto; in this case Eth users cannot mint coins they didn't earn.
Visualisations on the timeline of upgrades around the merge👇
Series of completions of testnets (Ropsten, Sepolia, Goerli) approaching the merge.
(Source: ethereum.org)
Benefits of the merge
• Reduce energy consumption and increase security
• Improved speed on the network
• Staking rewards; staked crypto will remain locked until the Shanghai upgrade following the merge
• The price of #Ethereum and some Eth-related coins is likely to rise.
Ethereum foundation deciding to shift towards Pos because unlike Pow, it offers scalability and accessibility, tese aspects makes Eth a better blockchain.
Analysts are expecting this major milestone to have a positive impact on the entire crypto market as a whole (@MsCryptomom1 )
Eth merge gives a bullish narrative on Eth and some other related coins on the Blockchain, you would want to capitalize on this merge for some sweet gains.
I'll narrow my research down to the following coins listed below👇
#Ethereum
#PolygonMatic
#EthereumClassicChain
#XRP
To get more first-hand information on airdrops, AMAs &massive giveaways, ICO and launchpads, 100x gems and upcoming trends, give me a follow @BillionzChinny
Llike and retweet if you found this🧵 educative🙏
#RoundtableFamily #EthereumMerge #WAGMIARMY
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