Because the date for that Ethereum Merge approaches, nonfungible token (NFT) marketplace OpenSea has announced that it’ll concentrate on supporting just the NFTs which are around the upgraded proof-of-stake (PoS) blockchain.
Within an announcement on Twitter, the NFT marketplace stated that although their team isn’t speculating on any potential forks, because it clarified that should there be forked NFTs, they’re not going to think about OpenSea because the platform is only going to offer the upgraded chain.
The NFT marketplace also highlighted that it is team is preparing the NFT buying and selling platform for just about any problems that may arise using the approaching Ethereum Merge so the transition period is going to be smooth.
As the team believes there won’t be any major issues, it assured the city they’re monitoring, managing and contacting its users all through the whole process. Additionally they requested developers to look into the information regarding the Merge around the Ethereum website.
Aside from OpenSea, Chainlink also expressed its commitment towards the PoS transition from the Ethereum mainnet. They noticed that the protocol won’t be supporting any Ethereum forks that could come following the Merge. They also assured its community that it is doing its better to get ready for any problems that will come throughout the transition.
Related: Ethereum Merge in danger? Developers find bugs in front of the planned update
Inside a recent Cointelegraph interview, economist Lex Sokolin highlighted the economic design changes publish Merge may affect Ether (ETH) cost. The economist believes the changes inside the protocol have natural implications around the supply of ETH. Regardless of this, the economist recognized that there is nothing certain yet which the marketplace would be the someone to decide any movements within the token’s cost.
Meanwhile, the native asset for that potential ETHPoW fork that could potentially be supported by Ethereum’s Bang miners is buying and selling at $100 despite not existing. This happened after a little exchanges began to list out ETHW and ETHPoS (ETHS) on their own buying and selling platforms.
