We are mere days away from one of the most significant events in crypto’s history: The Merge. Even if the technology side of Ethereum doesn’t interest you, you’ll have likely seen terms such as “the Ethereum merge” and “ETH 2.0”, but you may not know exactly what they refer to. Well, John and I break it all down in episode 36 of the Mint One podcast.
Token Gamer and NFT Insider have decided to combine forces to launch a weekly podcast, Mint One (formerly WAX Lyrical). John Nichols of NFT Insider and I will discuss a new topic every week, as well as feature special guests. If there’s a topic you’d like us to cover, make sure you let us know through the Token Gamer Discord or Twitter, or the NFT Insider Discord or Twitter.
In last week’s episode, we filmed live from Gamescom to give you our reaction from a scorching hot rooftop in Cologne. This week, we’re back in the office and ready to deep-dive a complex beast.
Episode 36: The Ethereum Merge Survival Guide
In 2018 I had some ERC-20 NFTs in my Enjin wallet that I wanted to move. The gas fee to move all of these was astronomical and I said “I’m just not going to pay that. I’ll wait until Ethereum 2.0.” You see, Ethereum 2.0, as it’s sometimes known, has been on the roadmap for years and years. Now, finally, it is on our doorstep and I still can’t move those bloody NFTs without gas fees. Why? Well, it’s due to one of the many misconceptions.
I imagine for most, learning about the Ethereum merge would go about the same as it did for me. That is, I first thought I knew a fair bit, then I looked into it and realized I didn’t, then I learned a lot and realized just how deep the well of knowledge goes! You don’t need to be an expert on the tech, however. All you need to know is what is happening (Ethereum will move from Proof of Work to Proof of Stake, reducing energy consumption by 99.5%) and how it will affect you (you’ll have to listen for that one!)
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