Ethereum Co-founder Lubin: The Merge Will Be 'Enormously Impactful'
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Joseph Lubin added,
"It'll be as smooth as if your iPhone or laptop upgraded its operating system automatically overnight."
ConsenSys - Source Of Ethereum Infrastructure Platform
The blockchain software development firm ConsenSys is the source of the Ethereum infrastructure platform Infura and cryptocurrency wallet MetaMask. Recently, a contract was signed bringing ZK-rollups to those items through StarkWare. The third significant event to occur in the history of cryptocurrency after the introduction of Bitcoin and the development of Ethereum is the Merge. Lubin discussed the same as he concluded the interview by describing the evolution of the ecosystem.
Ether Price Could 'Decouple' Post Merge
The price of Ether (ETH) may decouple from other crypto assets after the Merge, with staking yields perhaps fueling solid institutional adoption, according to crypto analytics company Chainalysis.
Research by Chainalysis states that the future Ethereum update would give institutional investors access to staking yields comparable to those of some securities, such as bonds and commodities, while also becoming much more environmentally friendly.
Research suggests ETH staking has the potential to pay stakers a yield of 10-15% yearly, making ETH an "enticing bond alternative for institutional investors" given how little government bond yields offer. The Chainalysis analysis predicts that after the Ethereum Merge, ETH will attract more institutional and retail traders since the upcoming update will make staking a much more appealing investment instrument. The Proof-of-Stake (PoS) transition on the Ethereum blockchain would result in an energy consumption reduction of up to 99%.