4 ms·
No, because the merge in itself does not create new value, it simply splits existing value in two. So 1 old PoW ETH today will be worth (say) 0.9 PoS ETH and 0
by thematrixturtle 4y ago
No, because the merge in itself does not create new value, it simply splits existing value in two. So 1 old PoW ETH today will be worth (say) 0.9 PoS ETH and 0.1 PoW ETH tomorrow.
To be clear, that's the theory, reality is a little more complicated. This happened earlier with ETH and ETC, as well as BTC and a whole bunch of forks, and in practice there was always a bit of "value" created from thin air, at least temporarily, with original + fork > original before fork.