What a week. I feel like Iβm at the beginning of 2000. It was said that The Worldβs End is soon. It was said that Rise of the Machines is coming. It was said that it could be ended only by a
disaster. And here weβre more powerful than ever.
The web3 world is a very
creative one. Such events as The Merge are excellent topics for meme creators. It means that todayβs BFN will be full of them. Be prepared! We were hoping that everything would go smoothly, and so far, there have been no problems, but you never know. This is great news. We can finally announce that Ethereum 2.0 Shipped at 2022-09-15T06:43 (Vitalik approved date format) Happy Merge All!
It was a long awaited event that was announced 7 years ago. A lot of folks did not believe that this would ever be achieved. Many online The Merge Parties took place. Itβs so
nerdy.
The exact Merge moment looked like this:
Itβs almost like: Job done, Sir!
Should we expect more Pandas collections, instead of Apes on Ethereum PoS? Letβs see what the future brings. How does a celebration look like in the web3 world? There are a lot of memes, tokens, and NFTs collections. Here is The Merge Song. Another web3 artist beeple made this PoS graphic.
A few special NFTies were minted:
The very first NFT on PoS ETH. This gas price is unbelievable. You know, someone really wanted to be the first one.
Probably, it was a good investment opportunity.
The first ever NFT collection on Ethereum PoS.
We asked BoFos: What do you think about The Merge's success?
"It was not a spectacular thing, but the facts are the ETH network is now using much less energy and is much more stable. I am glad it finally happened".
"In my opinion it is a nice proof that the team behind Ethereum is capable of introducing significant changes to the protocol without interruptions and major issues. It definitely increases my confidence that future changes like sharding or introduction of verkle trees will become a reality in the not too distant future".
pgrzesik
"I unfortunately donβt have opinion about it. Iβm not being that long in crypto and web3 world. But itβs nice to see it and observe what is happening".
Itβs important to mention, that this is the first of the bunch of updates planned in Ethereum blockchain (The Merge, The Surge, The Verge, The Purge and The Splurge). Weβre waiting for more! After The Merge it can feel like it wasnβt such a big deal. Itβs important that:
ETH after The Merge is deflationary. There is less ETH in supply than before this update.
Block times are a lot more stable and consistent after The Merge.
WEB3 EXPRESS NEWS
We wrote that Disney company is interested in web3 startups in one of the first BFN. Now, Disney CEO confirms their interest in the Metaverse. They are working on something connected with their amusement parks and digital experience. No more details have been announced yet.
New US inflation data for August. Consumer prices increased by 8.3% over the past year. It's the sixth month in a row with inflation above 8%.
