This week is about the Merge, we recommend you read though these articles to grasp the big picture of the ETH:
1. ETH preparation bifurcation - risk assets may return to zero, and beneficial assets will increase 100 times
Brefing: After the merger of eth, the bifurcation is expected to approach, and risks and opportunities coexist.
[ETH] The Fork Is Coming? Which Strategy May Help You Profit from the ETH Merge?
Brefing: Although the official date of the Merge has not been given yet, when the Ethereum testnet Goerli has already started the merger, the Merge has no turning back.
At the same time, the hopelessness of ETH Miner caught the attention of the crypto world. Some old players trying to fork Ethereum proposed an option to create ETH-PoW, which ignited the enthusiasm for a new species. With the expectation of Merge, the ETH rally and we should believe on it.
[ETH] A New Ecosystem for ETH, What Is Going On?
Brefing: In the post-Merge world, Ethereum transactions will flow through a very specific and orderly process. A powerful transaction supply chain is being constructed before our very eyes, and massive power structures are about to emerge.
Tether also confirms its throwing weight behind the post-Merge Ethereum
Brefing: We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated.
Proposed ETHPoW Fork Poses An Existential Threat To Ethereum. Can It Succeed?
Brefing: The ETHPoW fork proposal comes from the miners. It’s only logical that they want to keep Ethereum as a Proof-Of-Work chain, since all of their profit will evaporate overnight with the change to Proof-Of-Stake. The merge is supposedly only weeks away, and the Ethereum community has their hearts set on the proposed changes. Nevertheless, the miners have the right to fork the chain, and that’s where ETHPoW comes in.
Justin Sun Says Proof-of-Work 'Essential' Part of Ethereum
Brefing: Tron's controversial founder said his stablecoin, USDD, will be the first to support the post-Merge Ethereum fork, on CoinDesk TV’s “First Mover.”
Will there be a Surge after the Merge? - A Quantitative Analysis of Post-Merge Impact on the Market
Brefing: The Merge of Ethereum is the migration of the network consensus scheme from Proof of Work (POW) to Proof of Stake (POS), which is expected to start on Sept 19, 2022. Its influence on the market is complex and profound.
