A disappointed boring Ethereum Merge

Photo by Sepp Rutz on Unsplash

A disappointed boring Ethereum Merge

Ethereum merge is successful. However, the market won't accept it.

twitter.com/VitalikButerin/status/157030618..

And here are my predictions on what will happen in the second largest crypto future:

Sound money theory

Ethereum blockchain has never been so centralized ever.

twitter.com/TuurDemeester/status/1570426596..

It was decentralized before but costly. Now, it is efficient and yields.

Suitable for the investors and holders, but the government is watching and will argue to make Ethereum security which falls under the SCE jurisdiction that allows the government to regulate.

Energy Conservation Theory

twitter.com/VitalikButerin/status/157029906..

We still do not know how energy saving has a long-term sustainable effect. However, we do see some improvement in energy consumption in the short-term.

Ethereum killer Theory

The merge will wipe out all self-claimed Ethereum killer projects that improve the Ethereum blockchain to become more efficient.

There is no need to use an alternative but stick with an improved Ethereum blockchain as a result. The market will reflect the action later.

PoW Outdated Theory

twitter.com/DocumentingBTC/status/157041294.. I do not think PoW will go away. It is a decentralized mechanism to continue serving a purpose of validation even though it is "inefficient".

In conclusion

twitter.com/EnronChairman/status/1570451659..

Maybe and maybe nothing will change.

youtube.com/watch?v=BH5-rSxilxo

People will dislike everything until it becomes a fact anyway, just like the commercial it showed.

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Photo by Sepp Rutz

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