Ethereum mainnet launch

ETH 2. There is no way of telling what might happen after The Merge is finalised. This could lead to a significant amount of reputational damage for Ethereum, which could, in theory, lead to a serious market crash. Even if that does not happen, people should be aware that scammers could take advantage of people through airdrop or support scams, while the status of non-fungible tokens NFTs on the new version of the system could be exploited to swindle people out of their money.

While The Merge is eagerly anticipated by holders and developers, that is not necessarily the case when it comes to ETH miners. These people are set to lose out on a fair slice of their income, which is why some of them have teamed up to create a proof-of-work version of Ether called EthereumPoW ETHW.

Also, once Ethereum moves to its new consensus mechanism, there is the risk that it could become just another proof-of-stake blockchain. The three parts to ETH 2. It is not yet incorporated into the mainnet and will run in parallel until the transition, or The Merge, takes place between 10 and 20 September Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more.

It's open to everyone, wherever you are in the world — all you need is the internet. Ethereum's decentralized finance DeFi system never sleeps or discriminates. With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world.

Explore DeFi The internet of assets Ethereum isn't just for digital money. Anything you can own can be represented, traded and put to use as non-fungible tokens NFTs.

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