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> That is coming this summer. Hasn't that date been continuously pushed back? Like the parent you replied to, I'll believe when I see it. And regardless, the m

> That is coming this summer. Hasn't that date been continuously pushed back? Like the parent you replied to, I'll believe when I see it. And regardless, the mining infrastructure spun up because of the gold rush on Ethereum isn't going away at thia point. Those miners will just move to different chains. And while proof of stake does partially minimize some of the environmental concerns, it introduces other problems that aren't great (like all of the power being systematically consolidated into the hands of early adopters and the wealthy).

chrisco255 5y ago
> Hasn't that date been continuously pushed back? Like the parent you replied to, I'll believe when I see it. And regardless, the mining infrastructure spun up because of the gold rush on Ethereum isn't going away at thia point. Those miners will just move to different chains. It's been pushed a few times. Like any complex technical upgrade with hundreds of billions of dollars worth of assets on the line, it has to be taken very carefully and has to be tested very thoroughly against numerous vectors. But there are live testnets of the Merge already, if you feel like testing it out: https://kintsugi.themerge.dev/ https://kintsugi.themerge.dev/ Please submit any bugs you find. > And while proof of stake does partially minimize some of the environmental concerns, it introduces other problems that aren't great (like all of the power being systematically consolidated into the hands of early adopters and the wealthy) Not here to get into PoW vs PoS debate. But its worth noting that Ethereum has hundreds of billions of dollars worth of non-native assets sitting on-chain. Many of these are protocols that didn't even exist 2 years ago. Anyone can create a whole new token on Ethereum that backs a new application and be their own early adopter. For a more philosophical deep dive on PoW vs PoS, see Vitalik's writing on this: https://vitalik.ca/general/2020/11/06/pos2020.html https://vitalik.ca/general/2020/11/06/pos2020.html

chrisco255 5y ago

> Hasn't that date been continuously pushed back? Like the parent you replied to, I'll believe when I see it. And regardless, the mining infrastructure spun up because of the gold rush on Ethereum isn't going away at thia point. Those miners will just move to different chains. It's been pushed a few times. Like any complex technical upgrade with hundreds of billions of dollars worth of assets on the line, it has to be taken very carefully and has to be tested very thoroughly against numerous vectors. But there are live testnets of the Merge already, if you feel like testing it out: https://kintsugi.themerge.dev/ https://kintsugi.themerge.dev/ Please submit any bugs you find. > And while proof of stake does partially minimize some of the environmental concerns, it introduces other problems that aren't great (like all of the power being systematically consolidated into the hands of early adopters and the wealthy) Not here to get into PoW vs PoS debate. But its worth noting that Ethereum has hundreds of billions of dollars worth of non-native assets sitting on-chain. Many of these are protocols that didn't even exist 2 years ago. Anyone can create a whole new token on Ethereum that backs a new application and be their own early adopter. For a more philosophical deep dive on PoW vs PoS, see Vitalik's writing on this: https://vitalik.ca/general/2020/11/06/pos2020.html https://vitalik.ca/general/2020/11/06/pos2020.html