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5 Days Ahead Of The Ethereum Merge Google Launches A Countdown Clock For The Hard Fork

by altcoin247
September 11, 2022
in Bitcoin
0
5 Days Ahead Of The Ethereum Merge Google Launches A Countdown Clock For The Hard Fork


Google has launched an Ethereum Merge countdown clock that displays information about the upcoming Ethereum hard fork. In order to get access to it, users should write “Ethereum Merge” on Google and the search engine will display it automatically. The information was shared by Google Cloud developer Sam Padilla on Friday on his Twitter account.

Google Launches Ethereum Merge Countdown

Google has decided to launch an Ethereum Merge Countdown that displays information about the current network difficulty, the hash rate, and the merge difficulty. Furthermore, the most important information that the Ethereum Merge countdown clock shares is, logically, the remaining days and hours for the hard fork that is going to transform Ethereum into a Proof of Stake (PoS) blockchain network.

Ethereum developers have been working over the last few years in order to make it faster, easier, and cheaper for people and users to use Ethereum’s smart contracts. Due to the fast and unprecedented growth of blockchain networks and the entire ecosystem, Ethereum was not able to run smoothly for every single application and smart contract.

Hey @VitalikButerin @drakefjustin & other @ethereum folks, go google “the merge” for a fun little surprise & appreciation.

Everyone is so excited for what is coming and appreciative of the work that has been going into this for years. pic.twitter.com/3bgifV6Ywn

— Sam Padilla (@theSamPadilla) September 9, 2022

Thanks to Ethereum, non-fungible tokens (NFTs) reached the current level. Nowadays, it is possible to buy and sell different NFTs, which became popular thanks to the Ethereum network many years ago. However, due to Ethereum’s high fees and transaction times, people and investors moved to other blockchain networks that offered more efficient solutions.

Additionally, other important developments that took place on top of Ethereum and that could take off in the future include decentralized finance (DeFi), and the tokenization of other economic sectors. Therefore, Ethereum transitioning to a Proof of Stake blockchain network could be very productive and positive for the whole crypto ecosystem in the coming years.

At the time of writing this article, we are 4 days, 1 hour, and 20 minutes away from the Ethereum Merge. This would make transactions faster and cheaper. Developers would be able to create new and innovative solutions without having to rely on other blockchain networks and it could be a good chance for Ethereum to take part in the market capitalization of other competitors.

Ethereum Classic, the Ethereum network that decided not to modify the ETH network when the DAO hack took place in 2016, will continue as a Proof of Work (PoW) alternative to Ethereum (ETH). Due to this reason, a large number of investors have also been adding some ETC to their portfolios in the case some miners would prefer to remain active on a PoW blockchain network.

Another thing that investors should take into consideration is what would happen in the case there will be two parallel chains running claiming to be Ethereum (which is something that could happen). This could create some issues, especially with all the projects that have created tokens on top of Ethereum, as all the tokens will suddenly be multiplied. Hence, the coming days can be quite moved. It would be very important to closely follow the Ethereum Merge and see how the market reacts to it.





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