Ethereum Merge Complete (Everyone Threw Away Their GPU Rigs)

in DTube2 years ago


The Ethereum Merge is complete and we will see what this does to the tokenomics with the emissions and the burn rate and then what will happen when the rewards from the Beacon chain hits everyone's wallet. That could be a huge inflation bomb and everyone is dealing with all this inflation in there everyday lives so people are trying to go a million miles and hour and all these investments are like swimming up river.

At the end of the day it will be interesting what Ethereum is capable of in a couple of years when the full thing is supposedly completed. As much as I seem to poke fun at Ethereum it has been a very interesting system that has opened the door for a lot of advancements on other chains that take notes from what this active testnet has done right and wrong.


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Are you not concerned regarding the centralization of the ETH Blockchain?

Why do you feel like it will be centralized? That the exchanges will offer staking services and hold the majority of nodes?

yes

Yeah I could see that happening. That is somewhat what happened with EOS. Suddenly the big exchanges were a lot of the block producers and then suddenly there were a few Chinese super whales and they had sock puppet accounts so they would be controlling several Block Producers and it got to a point where there were probably actually about 6 Block Producers and a lot of the projects that made really good Dapps, Wallets, ....etc weren't even able to get their Block Producers in the top 21.