Cryptocurrencies have been all the rage recently. More so since prominent personalities such as Elon Musk, etc., talk about cryptocurrencies frequently. Notably, hundreds and thousands of cryptocurrencies exist, wherein the most popular ones are Bitcoin, Ethereum, Tether, Cardano, XRP, etc.
However, what makes cryptocurrencies as popular as they are? Most argue it is the Blockchain technology it uses. This is because cryptocurrencies are essentially “digital” currencies and are not managed, intervened, or maintained by a centralized system. Rather, maintained on a “decentralized” system using cryptography.
Arguably, Ethereum is commonly known as the second most popular and expensive crypto after Bitcoin. On September 16, 2022, Ethereum underwent the biggest upgrade yet, known as “The Merge.” In detail, the upgrade was from the original proof-of-work (PoW) to the proof-of-stake (PoS) mechanism. The Merge was expected to render several benefits, the main one being increased energy efficiency by a whopping 99.95%.
However, hours after the upgrade, in a shocking turn of events, the price of Ethereum plunged from around $1600 to around $1327, by at least 17% after the Merge. This rose several questions about the Merge to PoS mechanism. Consequently, crypto enthusiasts debated Merge’s pros and cons and initiated a discussion on the same.
As opinions vary subjectively, Real Research launched a survey on Ethereum’s Merge seeking public opinions on the same. The survey aims to find out what respondents had to say about the Merge, their interests in investing, general opinions, etc.
Hence, hurry and answer the survey on Ethereum’s Merge on the Real Research app from September 26, 2022. After that, you will receive 30 TNCs as a reward.
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