Ethereum (ETH) will take place in the network Merge There is very little time left to merge.
With the market and investors focused on Merge merger, one of the largest cryptocurrency exchanges in the USA coinbaseshared about Merge.
Coinbase predicts the transition from PoW to PoS Ethereum Merge said there are four risks in the merger.
In his post on his Coinbase Cloud Twitter account, he stated that the Merge merger carries four risks under the heading of technical, operational and economic risks.
Technical Risk: As mentioned many times, Merge is the most technically complex upgrade ever to occur in crypto. Therefore, errors and technical glitches are more likely to occur.
Merge also includes the merger of two completely different blockchains from the hard fork, the execution layer Ethereum Mainnet (PoW) and the consensus layer Beacon Chain (PoS).
Operational Risk: After the Bellatrix hard fork, the participation of validators and node operators dropped as some failed to upgrade their clients.
The falling participation rate also poses an operational risk for Merge.
Economic Risk: The thing about economic risk is that it is based in part on technical and operational risks.
With the transition to PoS after Merge, miners will no longer have a function and will become unnecessary. As a result, miners will have to switch to other existing crypto mining.
Also, the Ethereum PoW fork, which is supported by miners who want to continue mining on Ethereum, may also cause some critical issues in dApp, DeFi platforms and other systems.
He also sees these potential risks above the $1,500 psychological limit. EthereumIt was also stated that it may cause the .
With the announcement of the inflation data in the USA, there has been a decrease of 1.7% in the last 1 hour. ETHIt is trading at $1,611 at the time of writing.
1/ Welcome to the final edition of the eth2 updates!
With the Merge just around the corner, this will turn into a series about stuff after the Merge. In this edition we talk about two things: Bellatrix Upgrade and some of the potential risks associated with the Merge.
— Coinbase Cloud (@CoinbaseCloud) September 12, 2022
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