When the merge finally happens — ' if you don't hear anything, then that's really great news' 🤛
The Merge — Ethereum's long-awaited switch to a Proof-of-Stake blockchain — is just around the corner.A number of exchanges have confirmed that they will temporarily suspend deposits and withdrawals while the upgrade takes place. However, transfers will resume as soon as the network is proven to be stable.
Anyone who is staking on centralized exchanges shouldn't need to take action either, as the likes of Coinbase will handle all of the technical details on your behalf. "To put it in specific terms, right now, issuance is around 4%. It's a little bit higher than that. But at post-surge, it's going to drop down to 0.4%. In other words, inflation is going to drop by 90%. I'm not going to speculate on price, but less supply generally equals more upward upwards price pressure. Don't quote me on that, but it's definitely going to move towards Ethereum being what people refer to as a sound currency.
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