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

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

< Show Wisdom Collection: Ethereum Merge: release date, delay, and price predictionarticle 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 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 avatarAndrey kitaets

interpreter

What is your general opinion about the Merge itself?

I think it's a great idea. Since the pos will lead to cheaper video cards, the throughput will increase and the network commissions will be much reduced.

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

Nobody knows the exact release date. I hope it will still be released on schedule, although there are doubts, as many network updates have been postponed.

What is your price target for ETH after the merge?

I think that after (The Merge), the price will not change much at first, but in the future, Ethereum will catch up and overtake Bitcoin in price.

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

Of course I use. Even on your site, including.))). And after (The Merge), I hope I will use L2 even more there will be more opportunities to use it.

article avatarHabibu Abdullahi

Developer Associate

What is your general opinion about the Merge itself?

Very optimistic that , the merge will brings a lot of benefits to ETH and cryptocurrency ecosystem in general. Firstly, the gas fee problem, due to the Proof of Work(PoW) mechanism in the current layer, I always looks for some other alternatives before using the Ethereum network. Secondly, the current challenges from the greener energy, mining creates a lot of damages to the environment.

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

Historically, most of the Ethereum roadmaps are delayed but I have a good feeling that this time will be difference, meaning it can happen even before the dateline.

What is your price target for ETH after the merge?

Normally, I do not like predicting price, but I believe the price can be between 7k-10k. In another words, the price could closed this year confidently closer to 10k.

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

I tired few times, I do not like the process, although it save gas fee and I think after the Merge I might no need it. Although the Ethereum networks growth will always generate the demand for other L2.

article avatarShiela Rogon

Good Listener.

What is your general opinion about the Merge itself?

This will be huge. I am so excited for this project. It will give more opportunities for those investors for both network. Good job and congratulations!

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

I think not. I know they planned it carefully and investors will be thrilled if they release it on the exact date that they promised. They will be exciting.

What is your price target for ETH after the merge?

It will be doubled. They will make a huge impact for ETH. This merge will make ETH's price to the moon. Both network will make a huge impact on their price.

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

I am no using L2 yet. But I am excitedb to try it after knowing all the plans and good things that will come with this merge. This merge is a genius move.

article avatarAli R

Crypto Enthusiast

What is your general opinion about the Merge itself?

Ethereum 2.0 Merge will improve Ethereum network speed of transactions and will also reduce the high cost of transactions. Also will move to POS from POW.

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

They have been delays before. I hope this doesn't delay but with this huge change and complications of technology, it may get delayed further .

What is your price target for ETH after the merge?

My price target for ETH after the merge is that it should cross 5000$ and on the long term it can even go above or around 10000$ but will all depend how soon this happens.

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

I am not sure about L2 arbitrum and have never used it before. Will have to learn about it more before thinking to use it. There are so many L2 already now

article avatarAmit Patil

nftjag.com | Co-Founder CEO @ WhiteCOde

What is your general opinion about the Merge itself?

It is a good decision, looking at the energy requirements for the Proof of Work. The delay is creating a lot of uncertainty in the market. But it will settle.

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

I think the chances of it getting delayed are high, looking at the complexity of the existing network. Stability is a major concern rather than timely release.

What is your price target for ETH after the merge?

The merge will give a good boost to the Ethereum community. Existing miners will hold as much as possible ETH for staking creating a market scarcity and end result as a higher ETH price. I think it can rise by 40% to its current price.

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

No, not using L2 Arbitrum right now. But it seems like n interesting implementation reducing transaction costs for the Dapps will certainly make use of it after Merge.

article avatarTam Nguyen

Computer and Data Scientist, Team Builder, Super Learner, Player

What is your general opinion about the Merge itself?

It is a great opportunity to scale the Ethereum blockchain, from PoW to PoS. Of course, people are going to be a little bit confused about the use of ETH token and how to make the old wallets compatible.

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

In general, blockchain is a new technology. It is not easy. So it depends on whether it is feasible by nature, even though Ethereum developers are talented.

What is your price target for ETH after the merge?

I think the merge would scale the Ethereum network and attract more attention from users, developers, and investors. So the price target would be around x2 or $5000/ETH.

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

I am not using L2 yet. But I can imagine that it is a very scalable technology because it is like a multi-level cache. However, the integrity and trustworthy of L2 data could be a problem.

article avatarMuhamad Laraib Nasir

Student

What is your general opinion about the Merge itself?

I ilke the merge honestly because its main goal is to reduce the gas fees on eth network so it is a good idea to implement and i am looking forward to it

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

i think it will be delayed because it will take more time to develop a whole netowk like eth called eth 2.0 so i think it will take more time

What is your price target for ETH after the merge?

eth will explode but it will also take some time to do it so i think 5000 would be a great target to get acheieved in this merge to eth 2.0 great

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

i am using it actually it is not so fast but being developed constantly so i would say it is great tech but it will take some time to develop more into faster transactions

article avatarAshfaqudheen C M

Junior developer

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

Ofcourse I'm using Arbitrum. it's become a popular venue for Ethereum users to complete their transactions. Abritrum is cheap and quick to use, and relays all transaction information back to the main Ethereum blockchain.

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

Experience Experty at its fullest

Join to unleash the power of crypto wisdom and never feel FOMO again.

Sign up