ETHEREUM MERGE - The Most Anticipated Event In Crypto Explained
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- Опубликовано: 6 июл 2024
- The Ethereum Merge, despite being one of the most significant blockchain upgrades in the history of cryptocurrency, is still a poorly understood topic.
So what is the Ethereum Merge? What are its economic implications? And what are the main merge risks and misconceptions? You’ll find answers to these questions and more in this video.
----Timestamps----
00:00 - Intro
00:31 - Motivations
03:47 - The Mechanics
08:26 - Client Diversity
10:28 - Implications
11:48 - Misconceptions
13:26 - Risks
15:05 - Summary
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The future of DeFi won't live on Ethereum, let's not forget, the EVM was not purpose built for finance and it does not understand assets at the base level, this is one of the bottlenecks towards mass adoption.
Any telegram groups?
Wow! This is the highest quality information I've seen regarding Ethereum and the merge. Thanks so much for producing it!
OfficialCliffordPearce
I go on CT, ethfinance, and now finematics, I see this superphiz dude. Can devs do something?!
Thanks for all you do BTW ser!
Glad you are back! Long awaited for.
Thank you for the clear breakdown! Subscribed.
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Through teIegram
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Always appreciate your videos. Keep them coming. GREAT job.
⤵️⤵️Text Max tell him I refferred you to Something New•and huge ..
Incredible content sir keep it up ❤
Great content as always. Thank You!
Super amazing analogy. Would sure share this
This video deserves so many more views than it has. A+ content sir!
You deserve much! Thanks for sharing this wonderful content.
Thank you so much for this highly information packed video!
This is manna dropped for those of us wandering in the wilderness of crypto space. Thank you. I wish you make videos often.
Awesome!
What tool do you use for the graphics?
Excellent Description of a complex and misunderstood event!
brother I missed you. welcome back!
Excellent!
What an amazing role this channel plays in educating people about Crypto in a simple yet complete way!
Hi Finematics, thanks for always simplifying concepts for me.
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Thanks for your efforts
Helpful
Great work as always ! It's nice to have a video explaining the merge in simple terms as a lot of people get it wrong. Keep doing what you do and i'll be there to watch and learn thank you !
Well done, this video was exactly the technical level I was looking for!
⤵️⤵️Text Max tell him I refferred you to Something New•and huge ..
Awesome explanation as aways. Thank you for doing that!
Always expect perfection from this channel
You crushed it. Thank you.
Perfect. Thank you for the update:)
I'm buying stable coins and staking them and
doing launchpads and waiting for the bottom to
happen. However my picks for my buys are for the
next crypto bull market in 4-8 years are : BNB,
SOL, LUNA, DOGE, AVAX, MANA SAND, STEPN,
GALA, ENJ, XRP BTC AND ETH.
So strategy now, wait for the bottom then buy
in massively, then in the bull market buy buy
buy to a limit of 50 percent of all the time high
of the coins then when the bull market comes
up stop then ride it out..
Don't venture into the digital currency space
because of hype, that will be a big mistake
rather seek the advice of an Investment broker
who can minimize the risks to maximize good
profits you, and your returns depends on your
investment capital.
@@Gabrielle.. speaking about investment broker, please who do you recommend?
@@christianaemilio1 I will recommend Expert Williams T. Kevin, He's really one of the best traders I'd trade with. He's going to guide you and give you the rundown on how to get started on a profitable investment journey.
@@Gabrielle.. please can you leave the info of your investment broker here? I will need his management on my much larger crypto portfolio.
Hello will it affect MEV?
Top class...absolutely brilliant explainer ...bravo 👍👍
Welcome back! We gonna need a video on the merge purge verge and splurge, please and ty
The technology behind blockchain and all the security measures applied to it is mesmerizing. I admire the developers and everyone involved
Thanks for your hard work ❤️
Thanks for watching! :)
Masterpiece! Thank you 👏
Finally, you returned
Thanks for waiting! 🙌
awesome as usual!
What about the size of the nod, which is bigger with time in pos than in pow?
keep in mind that your point about the staking rewards goes both ways. yes, the percent yield goes down as the number of stakers increases, which de-incentivizes further staking. but if people sell off due to low yields, well the rewards then increase, which incentivizes stakng, which brings the number of stakers back up.
this self-balancing system controls inflation, and at the same time helps insure that there are always a sufficient number of stakers for network security.
Nice video! What soft do you use to make these doodles?
Thank you for the fantastic graphics and clear explanation.
Dependable and clear as always. TY
Excellent educational content, and amazing effort in making such a detailed technical video.
Great content! it is very clear
Thanks for this informative video.
finematic back!!
15:37 *the surge, the verge, the purge, the splurge* ...this has to be the best sentence i've heard today
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We missed you! Thank you for the information. 👍🏻
Outstanding video, my friend. Love from Argentina!
Thanks for the comments. Much appreciated 👍 feel free to message me directly. Text for questions, investment guide and tip..⬆️.
›
Thankyou once again for class-leading content
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Wow! What a deep understanding of the topic and great video!!! Thank you!
if merge fail and create separate blockchain, is stable coin also doubled? it mean stable coin may lose it peg?
Best YT channel.
Video is packed with high quality information, much appreciated
What's ap 👇
+140
840
17436
For more trading options
Great video!!! You explain things so simply. It would be great if you could do a video on Theta Network.😊
Thank you for putting this together!
So what’s the use case for matic after eth 2.0
Thanks for video!
Thanks for the comments. Much appreciated 👍 feel free to message me directly. Text for questions, investment guide and tip..⬆️
Please make a detailed explanation of recently announced zkEVMs 🙏
You’ve done it again!!!!!
thank you and welcome bek
Doesn't the power requirement for confirmation act as a barrier that one must overcome in order to manipulate a confirmation? Wouldn't reducing that barrier by "99.95%" effectively reduce security?
That's where the "Stake" in PoS replaces the "Work" in PoW. You're replacing spent electricity with economic stake. The cost of attempting to manipulate the network in PoS is also significatnly higher and riskier than PoW, as you would be slashed, meaning your stake is destroyed. You'd then have to buy more ETH to stand up new validators and continue your attack attempt. We're talking $10 billion _just to start_ (51% of all validators at today's prices), and that will be burned in a fire as soon as the slashing mechanism kicks in.
An attack on PoW only requires the ongoing electricity costs and the only risk of failure is unrealized gains from creating orphaned blocks. Then once you're done you could sell those ASICs on the secondary market
@@Zetaphor If say for example 10 big stake holders accumulate 50% of the eth.... how do you distribute eth across the network? Does this mean EIP1559 would have to be scrapped because the only solution to this is inflating eth. In a PoW consensus, there are external factors such as geography, free market, politics, etc all requiring them to stay competitive. There's a Darwinian effect at play. Plus....Is a PoS network permissionless??? I don't think so
Best informative video on this out there. Great work! Any plans to explain sharding? Or perhaps the differences between Cardano and Ethereum?
Where do I get a color changing sharpie?
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Thanks a lot buddy. for me it's a pure lesson about merge
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I really enjoyed this.
This is pure knowledge.
Will look out for more of your videos henceforth.
liked before watching since I know it will be top content
Nice content about the merge❤️
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Is the supposed decline in energy use due to a fixed amount of nodes in the network?
Can I invest in stacking the ETH and return get a return in percentage. If so where can I stack ETH?
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wow, can't say I understood the technical side but well done. Thank you for the explanation
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Amazing!
So will Ethereum price go up or down?
'Babe wake up new finematics video dropped!'
But will it be centralized?
I've heard it before and you confirmed it that transaction fees won't decrease as part of this merge (but due to a different form later). But I'm struggling to understand why if the merge will switch over to PoS. Also, which merge will lower transaction fees (I'm guessing you will go through that in more detail next video). Thanks as always for your time.
Because it doesn't increase blockspace so unless blockspace demand goes down it doesn't decrease transaction fees. We're just changing the security model here, and who gets the fees.
Sharding will tho and you can already use multiple layer 2s on which transaction fees are much lower than on Mainnet, like arbitrum.
@@jiyuu2848 agreed
@@jiyuu2848 oh right, I see where I went wrong, in my mind, the amount of work dictated transaction fees (d'oh). Thanks for the explanation.
Jiyuu is correct, if you want more information on future upgrades that will help scalability and fees, look into EIP-4844 (proto-danksharding) which is a partial step to full dankshard which will increase scaling even further. EIP-4488 is also proposed to lower calldata gas cost which drastically lowers fee for rollups
Awesome😍
Thanks man
I heard finality will increase, is this correct?
Finality will generally increase to ~12 minutes, but there's work being done on single-slot finality which would cut it down to exactly 12 seconds.
Sometimes I really wonder how people make huge profit investing in the stock market, I know investing is a legitimate way to gain financial freedom but how is it done?
Investing in stock is a good idea, a good trading system will put you through many days of success
@James Michael Building a good portfolio is complex, if you don't know anything about the markets seeking expert support is recommended.
Having monitored my portfolio performance which has made a jaw dropping from $360k just the past two quarters alone, I have learned why experienced traders makes enormous returns from the seemingly unknown market.
@@josh5623 Interesting. I have a lump sum of cash doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how did you achieve this?
@@josh5623 That's impressive. Are you giving him your money or it stays in your trading account? how does it works
truebit part?
So cost of TRX will not be reduced..?
Great to see! Nethermind is getting recognition..
thanks .finnaly i can buy graphics for gaming now
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@@cooperhayes7055
@@janellejacob3799
@@janellejacob3799
Will have to watch that many times lol.
How does Ethereums POS compare to Cardanos POS that has all of those hard forks done already Bryon and Shelly era Goguen in 2021, Alonzo hard fork, Basho with scaleability and now Vasil within days expected to reduce the cost of large transactions and speed. The last one Voltaire which is due to be completed shortly after the Vasil hard fork.
This governance phase will introduce a voting and treasury system that allows holders to have a more direct impact on the decentralised network, as Cardano moves away from IOHK's management.
In short, with Ethereum just moving to POS and Cardano well established and with several upgrades completed, does this mean Cardano is more advanced block chain on POS than the new Ethereum 2.0 that has many upgrades and hard forks to complete? I'm trying like many others to understand more. Thanks!
How the hell are they going to validate blocks with just ethereum coins? All I know is you validate with computer with great processing power
Can anybody recommend some more channel like this? I want to know more Blockchain news and Tech about chains
legend info
Should. We keep STETH???
Thank you for the content!
Thanks for this very instructive explanation.
What is the possibility that eth won't just fork into two? One PoS and one PoW.... ? Don't the miners have any say in it...? Wouldn't you have to make people take their eth and force them to stake their eth... What if most people hold their eth in a non-custodial wallet? Do you have to migrate to the staking contract...? Will the merge be automatic...? I suspect people will have to manually migrate their eth...
Why was my comment removed?
I wish you would have mentioned the decentralized competitors to LIDO. RocketPool has over 200,000 ETH staked.
Because is sh@@t my friend all this is a lay, ETH is going to be centralized sh@@t. In section comments is full of boots & comments are deleted.
when Vasil Hardfork video ?
lets learn
Fluctuation doesn’t affect the profits on *wtrade inspects* while trading
love the videos, but can you get a better mic?
THIS IS HELPFUL but what happens if the miners keep mining?
The rest of the network ignores them so they're doing it for nothing
I don't see how it's less centralised or that everybody can validate the network from home if the minimum stake amount is 32 ETH
Thanks for the comments. Much appreciated 👍 feel free to message me directly. Text for questions, investment guide and tip..⬆️
"more secure"
wrong, neither are more secure
a chain does not magically increase its nakamoto coefficient by switching from one to the other
Did you record this in the sauna?
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