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⚓️ the merge is upon us
I am traveling for a wedding this week (pretty rude of them to do it during the merge tbh) and my baby just took her first flight.
it was successful. she slept the entire time which likely satisfied *a lot* of people on board the plane.
but even if she wasn’t napping…I don’t get why people get so upset with kids on flights. how else do you expect them to get where they’re going?
today is the last day of Ethereum as PoW (proof of work). and this event…ETH going from PoW to PoS (proof of stake)…is called “the merge”.
by now, you’ve heard all about it…but have you *read* all about it?
well, I have.
and a lot better writers than me have gone into the historic event…so I’m giving you a few pieces (from varying perspectives) that will close the gap and help you understand what’s going on better with the merge.
see Matt Levine’s above as my first recommendation. he writes about *all* finance typically, but man, does he write about crypto and NFTs well too. this piece is for everyone at *all* levels.
so you’re not like me (good for you, honestly) and you’re a little more technical. you want to know what the merge really is doing *behind the scenes*.
here’s another recommended piece from Crypto Crier’s newsletter.
keep in mind that the merge is one of the most anticipated moments in crypto’s short history. and for that reason, I imagine it’s a bit of a letdown come tomorrow (I’m looking Coinbase’s NFT marketplace as another “hyped” event that went off with a whimper and not a bang).
that being said, no matter what the reception it is *important*, so you should understand the basics of what is going on.
it’s our future after all, and even if we look back and the merge was underwhelming, we’ll all be better for knowing about its history and *why* it went the way it did.
last but not least, we have a piece from Bankless on what the merge means for *you* and how you can even make some money from this whole thing.
it’s not a certainty, but Bankless dives more into “winning” it with the PoW fork that will “remain” after Ethereum proper goes to PoS.
this is always one of my favorite newsletters. it’s a huge publication, but that doesn’t mean they’re not dishing out *quality* day after day.