דאָ ס ווי די 5 ביגאַסט סענטראַלייזד קריפּטאָ יקסטשיינדזשיז נאַוויגירן די מערדזש

The Merge, where Ethereum will transition from a proof-of-work consensus mechanism to proof of stake, is estimated to take place in the early hours of Thursday morning. 

די מערדזש will be triggered by reaching the specific Total Difficulty threshold, also called Terminal Total Difficulty (TTD). This is what defines when it will actually happen. Bordel.wtf currently places the time of The Merge at 5 a.m. UTC. However, this is just an estimate and it’s still subject to change. 

Ahead of the upgrade, many leading crypto exchanges will be suspending deposits and withdrawals of Ethereum ERC-20 tokens until The Merge is complete. 

Here we break down how the top five centralized crypto exchanges intend to navigate The Merge.

• Binance, the largest crypto exchange, intends to suspend deposits and withdrawals for Eטהערeum ERC-20 טאָקענס one hour before The Merge happens, according to אַ בלאָג פּאָסטן. If a chain split occurs and an עטהערעום proof-of-work chain persists, Binance intends to handle the technical requirements necessary to enable forked tokens to be credited on a 1:1 ratio.
• Coinbase plans to בעקיצער ופהענגען נייַ deposits and withdrawals for Eטהערeum ERC-20 tokens a few hours before The Merge, per a blog post. A timeframe for the pause is yet to be provided.  
• FTX is aiming to support continuous trading during The Merge, according to a blog post. נאָך the upgrade, ether futures and perpetual contracts will track the proof-of-stake Ethereum price.
• Okx plans to alert users when it intends to pause services for The Merge. Withdrawals, deposits and transfers of ERC-20 tokens will be paused but trading services, such as spot and futures trading, will not be paused, per אַ בלאָג פּאָסטן. After The Merge, Okx וועט שפּור די proof-of-stake Ethereum price.
• ByBit intends to track the proof-of-stake Ethereum price following The Merge, according to a blog post. Information on any suspensions has not been provided. The post outlines that a forked Ethereum proof-of-work tokens will be supported if cleared by its risk management and security teams. 

אויף טוויטטער, Web3 infrastructure development and trading company Jump Crypto provided a handy complete list of what exchanges intend to do. 

פֿאַר די לעצטע נייַעס און דערהייַנטיקונגען וועגן די מערדזש, מאַכן זיכער צו קאָנטראָלירן אונדזער לעבן קאַווערידזש.

© 2022 די בלאַק קריפּטאָ, ינק. כל הזכויות שמורות. דער אַרטיקל איז צוגעשטעלט בלויז פֿאַר ינפאָרמיישאַנאַל צוועקן. עס איז ניט געפֿינט אָדער בדעה צו זיין געוויינט ווי לעגאַל, שטייער, ינוועסמאַנט, פינאַנציעל אָדער אנדערע עצה.