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Analysts give their take on the impact of the Ethereum Merge delay -Breaking


Altcoin Roundup – Analysts share their views on the effects of the Ethereum Merge delay

Ethereum 2.0 (or Eth2) is a rollout that includes a shift from proof-of work to proof-of stake. This transition will supposedly transform Ether.ETHThe Merge will revolutionize the whole network by turning it into a deflationary currency. The event has been a trending topic for years and while anticipation for “The Merge” has been building over the past couple of months, this week Ethereum core developer Tim Beiko Be informed the world that “It won’t be June, but likely in the few months after. No firm date yet.”

Delays in Ethereum network upgrades are nothing new and so far, the immediate effect on Ether’s price following the revelation has been minimal.

The breakeven price represents a percentage difference from the spot price of $3,000. Source: Medium