The long awaited Ethereum integration is now complete. This means that the Ethereum blockchain, which serves as the key pillar for most NFT projects and 71 million wallets, will move from a proof-of-work (PoW) system to a proof-of-stake (PoS) system. Here’s how Twitter responded.
Twitter has responded to the long-awaited change
Ethereum founder Vitalik Buterin He was the first to announce the completion of the Ethereum merger on Twitter. “And we’re done! Happy integration everyone. This is a big moment for the Ethereum ecosystem. Everyone who helped make the integration happen should be very proud today,” he tweeted.
“Vitalik has never seen him look so happy, no wonder. Hi all eth devs ” replied @dub1d. @DaitoYoshi pointed out: “No one talks about how the merger will reduce Solana demand by 99.5%.
“We’re excited about the merger! One of the best examples of continuous, ambitious, technically challenging open source development. Congratulations and good luck to @VitalikButerin and the Ethereum community.” Streep CEO @patrickc tweeted.
@jchervinsky also tweeted: “You don’t have to be an ethereal person to enjoy fusion. It’s a remarkable achievement in the history of open source software and exposes the hollowness of Web3 skeptics who use environmental concerns to disguise their hatred for crypto, and it needs to be created now.
The NFT influencer notes that the merger will reduce Ethereum’s carbon emissions by more than 99 percent. Given that it is the most popular blockchain for NFTs, the merger will affect the popularity of lesser-known and eco-friendly blockchains like Solana.
The hype surrounding the Ethereum merger has led some enthusiasts to make rash decisions. “Someone paid 36 ETH in gas to generate this. First NFT on Proof of Stake” @CirrusNFT tweeted, Side by side with NFT photo.
Why is Ethereum integration so important?
Ethereum integration is an important step forward as it eliminates the need to issue new blocks. This is because the network is secured using validators and stored ETH.
According to Digieconomist Alex de Vries, mining Ethereum was equivalent to the carbon footprint of Switzerland. He said that when he talks about integration, it means the disappearance of a country like Portugal overnight.
There is no doubt that this will have a significant impact on the environment. As a result, this will also change the discourse on NFTs and the environment. While Ethereum still faces challenges in scaling, facilitating high-volume transactions, and reducing gas fees, the connection alleviates some of the concerns about NFTs and the environment.
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