The expert predicted a three -fold increase in Ethereum prices after The Merge

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After activating The Merge update in the main Ethereum network, the second price of cryptocurrency capitalization in the long term can increase to $ 5000. The co -founder of Encry Foundation Roman Nekrasov stated this in a conversation with Forklog.

According to him, in the next month, the ETH course may experience serious fluctuations. Nekrasov recommended holders in the next three months to move cryptocurrency.

“In the future, 3-6 months I expect Ethereum growth. With a favorable set of circumstances, the price of ETH can reach $ 5,000, ”the expert added.

At the time of writing, the second cryptocurrency is traded in the area of ​​$ 1480, according to Coingeco.

Encry Foundation co-founder doubted the real value of Ethereum (ETHW) POWS. He advised to pay attention to the Ethereum Classic coin, which “stands a serious team of developers”.

“The miners began to redirect the ETC production cards from mid -July, when the time of activation of The Merge became known. On the eve of the update, the Ethereum Classic course has grown significantly, and, I believe, will grow yet, ”he said.

Despite the fact that a decrease in transaction commissions to a level of $ 0.05 is determined by Vitalik Buterin as a target, it is not worth expecting their sharp fall, Roman Nekrasov believes.

He expects that more likely to reduce the cost of transactions, the introduction of a cartoon, which will increase the performance of the Ethereum network to 100,000 transactions per second.

“The update of The Merge is still aimed at solving the problem of increasing the energy efficiency of the blockchain, and not scalability, although it prepares the ground for this,” the expert explained.

The main challenge for developers after the transition of the network to the consensus algorithm Proof-OF-STAKE (POS) will be the stability of Ethereum before attacks of 51% and censorship.

“Some pay attention to the fact that 30% of the coveted broadcasts are at the disposal of the popular Lido service. Others fear that the transition to POS will lead to the fact that transactions will be censored at the request of the authorities, since miners were more anonymous than stakers. But both are only fears, ”Nekrasov added.

Recall, on September 15 at 9:42 in Kyiv, Ethereum developers activated the large -scale update of The Merge on the main network. Blockchain was successfully transferred to POS.

Read more about the upgrade in the special material forklog.

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