Here’s Why Ethereum Merge Could Create a Huge Centralization Problem OKX has resumed withdrawals and trading of ETH and ERC20 tokens FTX first CEX off the mark with ETHWUSD pair ETHW/USD started trading a few minutes ago on FTX: Currently priced at $22.7, 10% up on its listing price. ‘The Transition’ made crypto history
Crypto Potato: Someone paid a whopping 36 ETH to make history by minting the very first NFT on Ethereum after its transition to proof-of-stake.
Here’s the tx:
https://etherscan.io/tx/0x5ad934ee3bf2f8938d8518a3b978e81f178eaa21824ee52fef83338f786e7b59 The ETHW mining pools list is getting longer. Here’s another four to add: baikalmine https://baikalmine.com/
https://solomine.org/ Cryptonews.com on Twitter
By the way, here’s our Twitter feed for keeping in the loop with all things crypto today and every day:
First MEV-Boost block – an important technical milestone
How does MEV-Boost work? PoS node operators must run three pieces of software: a validator client, consensus client, and an execution client. MEV-boost is a sidecar for the Consensus Client, a separate piece of open source software, which queries and outsources block-building to a network of builders.
Minor issue reported… What is described as a minor hitch has been reported in the Merge upgrade, which seems to get fixed with a restart of the Besu client.
Besu is a Java-based Ethereum client that implements the Enterprise Ethereum Alliance (EEA) specification and can be run on the public network or on private networks, as well as on a number of testnets.
Lead Blockchain Protocol Engineer at ConsenSys Adrian Sutton says:
There is a minor issue with some besu nodes, see next tweet.
Ravencoin price up too – but only in line with overall market
Ravencoin is up 80% in the past 7 days as it sees miners move on to its network from Ethereum. RVN price is currently consolidating after news of the successful Merge.
Ethereum Classic price gave up some gains when Merge kicked in but still up 3% Ethereum Classic gave up some gain when the Merge completed without a hhitch, but it i still 3.4% up in the past 24 hours. ETH deflation in an inflationary world Thanks to UltraSoundMoney for its realtime tracking of the deflationary impact of the Merge: It’s a green day… for the environment A great day for the environment, as Vitalik intimates here with a tweet in which he tags Ethereum researcher Justin Drake. The Merge will reduce worldwide energy consumption by 0.2%. That kind of makes bitcoin feel like the baddie. Before the maxies pile on, but it makes bitcoin the most secure blockchain in the world.
price tracker shows ETH up around 2% across a selection of exchanges, with the highest quote $1,628 at Kraken:
List of mining pool we know about on EthereumPoW fork
Pool Name — —Pool Website
https://www.x-pool.io/ EthereumPoW is getting traction EthereumPoW is building hashrate as mining pools move over in what look like a very healthy stream:
…and big fish 2Pool, Poolin, and BTC.com are also onboard
Binance sends its congrats…
Binance is happy about the Merge. Why wouldn’t it be. Binance is going to be a huge player in the new economics of Ethereum. Basically, ETH is going to look a lot more like an interest bearing instrument. To the validators the riches?
We are posting this tweet because we like the image:
Ethereum PoS is very stable…
Co-founder of Gnosis Martin Köppelmann (
@koeppelmann) on the incredible stability of block production post Merge:
The block times of the last 100 blocks! Amazing stability after the merge! Only 1 missed block. This is really the best case scenario!
A highly successful day for Ethereum and crypto, but that also means the scammer are out.
The Logical Indian has had their twitter account hacked, so if you see an enticing tweet about a 50,000 ETH giveaway – yeah it sounds too good to be true. That’s right, it’s a SCAM!!!
From Aya Miyaguchi (ayamiya.eth) at the foundation (not the Asimov one)
You will recall Google joined in the fun a few days ago when the search engine started its very own countdown for the Ethereum Merge. So thank you Google for keeping us all in the know: https://www.google.com/search?q=ethereum+merge
The Ethereum Network has finally transitioned to proof-of-stake on Thursday, September 15, 2022, marking the end of the now-obsolete proof-of-work mining infrastructure. The transition ushers a new era in the crypto sphere that is environmentally friendly, with the Blockchain consuming 99.95% less energy than it previously did.
The development silences critics who pointed out that blockchain technology is a danger to the environment. Previously, Ethereum’s proof-of-work protocol consumed high energy that could have powered Finland for a year, an
reports. However, things have now changed for the better, as the Merge will hereon reduce Ethereum’s carbon footprint drastically. estimate
And from the man himself, Vitalik Buterin:
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
The Merge has just finalized: