The Ethereum Merge Has Peaked My Interest

The Ethereum Merge Has Peaked My Interest

By TyreP | The Crypto Sphere | 8 Aug 2022


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*THIS IS NOT FINANCIAL ADVICE! DO YOUR OWN RESEARCH!!!*

Ethereum was one of the first tokens that I got into last year when I first hopped into the crypto world. However, I realized real quick that using the Ethereum blockchain was massively expensive. So I found a much cheaper alternative blockchain in Algorand. However, with the merge on it's way, I've started to think twice about my investment in Algorand. 

Ethereum now has cheaper gas fees, but not as low as Algorand. However, if the gas fees start to drop much more, then the Ethereum blockchain would be hard to pass on. Especially if the speeds actually reach what I've been seeing people post about. Ethereum may just be the way of the future for blockchain, seeing as it's the largest altcoin by such a large margin.

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I've been seeing people post this about the new PoS Ethereum. If this is the case than I am extremely excited for what the future holds for Ethereum. Maybe the Ethereum metaverse could come to a reality and we don't need to work outside of our own homes. I like to think that the future will be harmonious and obviously real world global politics can definitely dampen my excitement about all of this. But Ethereum is looking promising right now. 

At this point and time, Ethereum looks like the future of crypto to me. Bitcoin seems like digital gold, and other cryptos are on the "digital-gold standard" following heavily the price Bitcoin at all times. The future seems bright! Technology keeps moving forward and improving (sometimes) the world around us. I just hope the wrong people don't lead us and technology down a much darker path. 

 

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TyreP
TyreP

I like to write about crypto.


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