mainnet: Ethereum Merge: release date, delay, and price prediction
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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.
Brigitte DémocriteSenior 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
Mwila WiseGeneral 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.
Rahul SoniSelf Employed
What is your price target for ETH after the merge?
Ethereum is on the verge of a major upgrade that will result in a 90% decrease in ether token supply issuance. A crypto VC breaks down why ETH's price and staking yield could go up dramatically after 'the merge.' it will definitely will go uo
Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.
Yes im using already. Because i know it will go up in future and may be near by btc. So definitely you should staked in eth 2.0. It will touch to the moon one day
Abdelaziz Hosny Attiaaccountant
What is your general opinion about the Merge itself?
After integrating the mainnet with the Beacon Chain, the next upgrade will introduce the Parts Chain to the Proof of Stake network. These “shards” will increase the capacity of the network and improve the speed of transaction traffic by expanding the network to 64 block chains. The beacon chain is an important first step in the introduction of part chains, as it requires coins to be frozen to work securely.
How do you feel about the release date - is it going to be delayed?
make the community to test their products through inclusion. The main advantage of PoS is that it is more energy efficient than PoW, because it separates the power-intensive computer processing from the consensus algorithm. It also means that you don't need a lot of computing power to secure the blockchain
What is your price target for ETH after the merge?
Long-term expectations of Ethereum from Wallet Investor are bullish, as it predicts that the price will reach $5,149,080 by the end of 2022, and rise to $7,427.550 by the end of 2023. The site also indicated that the price may reach the $10,000 barrier by 2025 and end the year at $12,001.5 and to $14,282.20 by 2027. The forecast for the future price of Ethereum from Gov Capital witnessed the currency trading at $4,634 by the end of 2022 and to $13,636.11 by the end of 2025. Then he predicted that the price would accelerate to $17,640.23
Aleksander D.Entrepreneur, crypto investor, programmer
What is your general opinion about the Merge itself?
The obvious fact is that the proof-of-stake takes much less of expenses than the proof-of-work. So, the network maintenance will cost less for nodes holders(validators), and we might have a hope that they reduce also the gas price in certain measure, which is crazy high now. And, as result, endusers will benefit by cheaper transactions in the Ethereum network. So, this may attract more of small&medium users(also me among them), those now reject the active Ethereum usage just because of too high transactions fees.
How do you feel about the release date - is it going to be delayed?
As i know, this upgrade already launched in the testnet, and i don't see yet any signs that the mainnet release could be delayed. Actually they did not set the exact date&time, it should happen in May-June 2022 , i.e within a certain while. So, they will have enough of time reserve in order to complete without a delay.
What is your price target for ETH after the merge?
I don't expect a great jumps of price right after the "merge". Because it affects mainly on miners and stakers, but the largest audience of Ethereum users, such as ETH based Apps, games, investment projects, not-tech holders and so on, may even don't notice when exactly this happen. Becase actually they don't care who exactly approves their transactions, either miners(PoW) or stakers(PoS). Maybe, the price will go up to $4500-$5000 within the nearest 2-3 months because of false hopes of a certain mass people, mainly based on hot news & yellow press. But, if the merge really will reduce much the gas price, we may see the price $10000 - $12000 in a few months after the merge, because of increase a number of Ethereum based Apps users.
Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.
Yes, i do, of course. For example, this is more convenient way to withdraw earnings in WIS tokens than directly to the Ethereum, because of much lower fees in Arbitrum.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.