Bitcoin Maxis Panicking Ahead of Ethereum\'s The Merge? Analyzing the Post-Merge Landscape
Are Bitcoin maximalists truly panicking after Ethereum\'s monumental shift to Proof-of-Stake (PoS) with "The Merge"? While some outright condemn the network\'s shift to PoS through ‘The Merge,’ others doubted the transition would even occur. This article dives deep into the post-Merge landscape, examining the arguments, data, and anxieties swirling within the Bitcoin community.
The Merge: A Quick Recap
Shortly after Ethereum’s Merge upgrade was completed in the early hours of September 15, i.e. the Ethereum network switched from proof-of-work (PoW) to proof-of stake (PoS). The transition, often referred to as "The Merge," aimed to address Ethereum\'s energy consumption and lay the groundwork for future scalability upgrades.
Bitcoin\'s Low Fees and the Proof-of-Work Defense
One of the masterminds behind the Merge identified Bitcoin’s low fees as a key differentiator. Bitcoin maxis often champion Proof-of-Work (PoW) as the only truly decentralized and secure consensus mechanism, arguing that PoS introduces vulnerabilities and centralization risks. They believe the inherent security of Bitcoin is worth the higher energy consumption.
Ethereum\'s Monetary Policy: Malleable and Influenced?
Eth-maxis will insist on Ethereums monetary policy is malleable and highly influenced by a select few. The same select few that can so easily influence monetary policy, have also rolled back the chain to gain back [assets]. This raises concerns about the true decentralization of Ethereum and its susceptibility to external influence.
Ethereum Underperforming Bitcoin Post-Merge?
While Ethereum developers are ambitious, Kaiko data shows that Ethereum has been underperforming the world’s most valuable coin, an inversion from the pre-Merge era. This raises questions about whether The Merge has delivered the promised benefits and whether Bitcoin\'s resilience is proving stronger than anticipated. Both Bitcoin and Ethereum are preparing for a significant move, as Volatility struck the cryptocurrency market ahead of Ethereum\'s transition to Proof-of-Stake.
Looking Ahead to September 15th, 2025
But anyway, on the 15th of September 2025, Ethereum, the second-largest cryptocurrency by market cap, successfully completed The Merge. It remains to be seen if the long-term benefits of The Merge will outweigh the perceived risks and anxieties within the Bitcoin community. The ongoing debate highlights the fundamental differences in philosophy and vision between the two leading cryptocurrencies.
Hace 1 día we are seeing the fallout of the merge. This article aims to provide objective insights into a very polarized issue.