The Merge, according to Ethereum developers, is meant to move to PoS with zero downtime due to the total terminal difficulty (TTD), which ensures the transition based on the total mining power that goes into establishing a chain. Despite the explanation, FTX decided to halt “deposits and withdrawals until the Merge is finished and networks are stable.”
The trade suspension for Ethereum on several blockchains has been scheduled to begin at various times but is subject to change depending on anticipated issues.
This is the first move in the major exchanges to prepare for the biggest update of the Ethereum network, it is not clear if Binance or Coinbase and other exchanges have the same move however, most platforms support PoS chain after The Merge.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Senator Lummis’s Federal Reserve Bitcoin Proposal urges the Fed to sell some gold reserves and…
Pennsylvania proposes a Bitcoin Reserve, aiming to hold BTC as a state reserve asset to…
Let’s dive into why Qubetics might just be the investment to settle those Avalanche regrets.
Discover how Toncoin's valuation, SUI's latest Google Cloud partnership, and BlockDAG's soaring presale frame the…
Free crypto airdrops are one of the ways to help users participate in the project…
The PancakeSwap Swap Bot supports trading on PancakeSwap’s v2, v3, and stableswap protocols on the…
This website uses cookies.