arbitrum: Ethereum Merge: release date, delay, and price prediction

arbitrum: Ethereum Merge: release date, delay, and price prediction

< Show Wisdom Collection: Ethereum Merge: release date, delay, and price predictionarticle avatarFerry Setiana

Advertiser

What is your general opinion about the Merge itself?

Merge is mainnet with the beacon chain proof of stake system. This will mark the end of proof of work for Ethereum and the full transition. This is planned to precede the roll out of shard chains.

How do you feel about the release date - is it going to be delayed?

I feel is good for Ethereum to minimaize delayed transaction because developer are focusing their efforts on transaction, and minimizing additional features that could delay this goal.

What is your price target for ETH after the merge?

I am looking plans include a post merge " Cleanup" Upgrade to address these features, which is expected to happen very soon after the Merge Completed. My price prediction for ETH $5000 going to up.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I have started using L2 (Arbitrum) In metamask because it makes transactions very easy and low for gas fees. L2 Arbitrum for the future Ethereum transactions, like some crypto's have started using it.

article avatarFadhil Sulaiman

Profesional

What is your general opinion about the Merge itself?

a situation that requires whether to suffer significant losses or circumstances that are mutually beneficial to achieve the goal of producing or mining into a better power in the future

How do you feel about the release date - is it going to be delayed?

I think a release date should not be postponed unless there are many annoying bugs and the condition of the system is not ready for use and the implementation that is less desirable is the release date being postponed

What is your price target for ETH after the merge?

the eth target after the merger will be stronger and dominant and the price that reaches the latest and high eth is equivalent to or exceeds bitcoin, the latest eth price will be higher and will exceed bitcoin

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

i haven't used arbitrum but will use it after merging as price will hit the latest eth and web peaks. The latest 3.0 increasingly makes arbitrums faster and the sending process even more secure

article avatarargenis torres

DOCENTE

What is your general opinion about the Merge itself?

It seems to me a good option to combine or have them combined to form a single entity. And that Ethereum is a network of efficient use of energy based on Proof of Stake (PoS), or Proof of Participation. And in turn, it is made that Ethereum is much more decentralized and secure, also this change due to The Merge will not have any effect on the data layer in the Ethereum network. It will only be an update to the consensus layer, as Vitalik originally thought

How do you feel about the release date - is it going to be delayed?

the date and the changes that come after it seem tentative to me and a process that has a long course, so I think that for all this to happen, the process will be delayed a bit and later it will be consolidated

What is your price target for ETH after the merge?

For such an important and good update, the value of Etheum may exceed 15,000 at the beginning of 2023. There is a lot of confidence that this can be the case.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I am not using L2 (Arbitrum) yet but I will use it before the update to get the benefits it will bring to experience the infrastructure and DApps that are active in Arbitrum, I will do it in my trusted wallet like Web 3 like Metamask .

article avatarBrigitte Démocrite

Senior Analytics Manager

What is your general opinion about the Merge itself?

In December 2018, Vitalik Buterin stated that Blockchain with sharing based on Proof-of-Stake (PoS) will be thousands of times more efficient. This Merge will allow more non-financial business cases to utilize the blockchain because of the reduced cost to put the thing on chain.

How do you feel about the release date - is it going to be delayed?

As far as I know, there is no release date but an expectation that the release will be somewhere in Q2 2022. I am talking here about the merge itself, not the Shard chains one can expect at the end of 2023.

What is your price target for ETH after the merge?

After the Merge, I would expect the price of ETH to be around $9500. The usage of the Ethereum blockchain will increase as the lower fees will make the Ethereum blockchain more attractive for users to develop products.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

As a kind reminder, Arbitrum is a layer two solution designed to improve the capabilities of Ethereum smart contracts and address some shortcomings such as poor efficiency and high transaction costs. Although the Arbitrum mainnet launched end of August last year, I don't have the opportunity to use it so far, but I plan to use it in the nearly future as soon as it is easy to use with ETH-based NFT platforms

article avatarNicola Fabiani

ICT Officer

What is your general opinion about the Merge itself?

It is the opportunity to have a transition to a more sustainable approach from different perspectives including ecological footprint, scalability and security.

How do you feel about the release date - is it going to be delayed?

This is a secondary aspect. The most important thing is that security and the decentralisation are maintained and improved as claimed initially. Better wait but have a stable and reliable system than rush and jeopardise everything.

What is your price target for ETH after the merge?

That is a tricky question as it is quite unpredictable. I expect to see a constant rise of the price even if I hope it will stabilise so it can be effectively used as an alternative currency. Too much volatility does not help in having a large number of users.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Not immediately. Arbitrum is smart contract based, therefore all the issues connected to smart contract shall be taken in account including bugs and hacking. Further it does not have a token and the costs are in ethereum.

article avatarKim Bryan Galdiano

market strategy professional

What is your general opinion about the Merge itself?

In my own opinion, "Merge" from the words itself. It Is a combination of two or more objects that merge together to come up with a better, enhanced or more secure system.

How do you feel about the release date - is it going to be delayed?

Maybe not, because according to the Etherium developer Tim Beiko that it would happen this year although the delayed launching last month. And he added that "It would take a catastrophic event for this not to happen" So, I feel like amazed and hopefully that no more delays for this event.

What is your price target for ETH after the merge?

As of now, the price of Etherium is not comparable to bitcoin. But sooner or later after the launching of this new system as they call as "The Merge", I think that it will give the Etherium a pump up for it's price.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Currently i am not using Arbitrum network in Etherium but maybe after this Merge, I would gladly use it for better system and faster transaction with lower fee's.

article avatarGiorgi Tsivtsivadze

Winemaker / Crypto Lover

What is your general opinion about the Merge itself?

Ethereum 2.0 will make more crypto users to fall in ETH projects, gas fees will help to fix this problems. Also it will help ETH to stay in his prime and hype, so other projects, etc Sol cant get ahead of him

How do you feel about the release date - is it going to be delayed?

I think date will be delayed for sure as usually. I want it to be released as fast as they can but still think there will be delay. Hope there wont be this problems and we will see it as fast as possible

What is your price target for ETH after the merge?

I think it will go near 5000 USD not more, but the erc20 tokens and eth NFT projects will pump too, I'm sure about that. So hope 2.0 wont let us wait much

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I used L2 arbitrum first time on experty when I tried to withdraw WIS and it went so easy and comfortable so good experience, but if 2.0 will reduce gas fees, I dont think I will use arbitrum again

article avatarIsaac Reiss

Aspirational Whale

What is your general opinion about the Merge itself?

i am very pleased to know that ETH is going to Proof of Stake. More importantly, the facts that ETH will see an increase to 100,000 transactions per second (TPS) is HUGE! this sets the stage for a new world in terms of smart contracts, nft's and fees.

How do you feel about the release date - is it going to be delayed?

I have seen a phasing in taking effect. Since there is so much involved involved with so many users, smart contracts, etc, i do expect a further delay to Q3 - into the summer and possibly even the fall.

What is your price target for ETH after the merge?

As the co-leader of the Crypto space and the leader of smart contracts, i am expecting a 6x on ETH. This of course will take time and be subject to regulatory developments. Short term, i am looking at new all-time highs and a price target of $7,726 by year end.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Since i am a coin holder and yield farmer, i have not yet used Arbitrum. I have added it to my Metamask wallet and am prepared to benefit from using it on Uniswap at this point.

article avatarMaxime Lecoustre

Software engineer

What is your general opinion about the Merge itself?

I fully agree with Vitalik's feeling about needing of more useful validation process. We're waiting for too long time for this update now and it's really moment to make the merge to avoid too many people turning bored about ethereum...

How do you feel about the release date - is it going to be delayed?

Despite I really want features being quickly merged, i also know that it will have many issuable steps before. I remembered miners disagreeing last eip1159 and global idea to turn ethereum into POS to save their income based on fees users paid them. Otherwise I think it will be main rememberable event for many years , when miners, builders and users will also merge same incentive, making ethereum the most usable again

What is your price target for ETH after the merge?

Due to recent events on true world, it sounds hardly to bet a price now. It's sure that it will have increasing impact, and eth pricing would target 7500$ but it would also get back lower level. .

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Yes, it's good feature to make most of transactions I need, and arbitrum is easily integratable on dapps, and fees sound very interesting. Most interesting ethereum features on most affordable chain layer

article avatarMwila Wise

General Manager @ Excoincial Exchange

What is your general opinion about the Merge itself?

The merge will make ETH environmental friendly because of moving away from proof of work to proof of stake. So the merge will do away with atleast 99.5% + energy required to mine it and will be welcomed and easy adopted in the EU region hence the growth in demand of the ETH coin.

How do you feel about the release date - is it going to be delayed?

The upgrade started a long time enough and only one step into having a staking currency by merging with beacon chain. It won't delay any longer.

What is your price target for ETH after the merge?

The price of ETH would run from the current $3500 to $10,000 then we will witness a correction and price stability after an uptrend long run around $6000.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I am already using L2 (Arbitrum) because it's cheaper and of course reliable than Eth mainnet. The building on Eth mainnet by dapps made the price of gas fees rampantly high thus the migration to layer 2 was worth it.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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