קאָינבאַסע צו האַלטן עטהערעום טראַנזאַקשאַנז בעשאַס די צונויפגיסן ווי אַ 'פּריקאָשאַנערי מאָס'

קריפּטאָקוררענסי וועקסל קאָינבאַסע has released guidelines in preparation for the highly anticipated Ethereum (עטה) צונויפגיסן אַפּגרייד that will transition the network to a Proof-of-Stake (POS) פּראָטאָקאָל. 

The exchange is set to briefly pause all withdrawals and deposits involving Ethereum until the entire Merge migration scheduled for around September 15 is complete, Coinbase stated in a blog post ארויס אויף אויגוסט קסנומקס. 

According to the exchange, the move is a precautionary measure to facilitate smooth trading of the asset and other ERC-20 tokens once the migration is complete. The exchange acknowledged that after the transition, Ethereum will offer a seamless experience to users.  

“During the Merge, Coinbase will briefly pause new Ethereum and ERC-20 token deposits and withdrawals as a precautionary measure.”

די פירמע האָט צוגעגעבן:

“This downtime allows us to ensure that the transition has been successfully reflected by our systems. We do not expect any other networks or currencies to be impacted and expect no impact to trading for ETH and ERC-20 tokens across our centralized trading products,” Coinbase said. 

No impact on other assets 

דערצו, די קריפּטאָ וועקסל noted that no other asset would be impacted by halting the transactions. Coinbase also noted the chances of scammers taking advantage ahead of the Merge are high and called for vigilance.

די קריפּטאָ community is anticipating Ethereum to make a full transition after completing the Goerli testnet on August 10. The update is the blockchain’s final trial before migrating from Proof-of-Work (PoW). 

The Merge impact 

It is worth mentioning that the Merge was initially scheduled for September 19 before the date was revised in an update shared by Ethereum co-founder Vitalik Buterin. As געמאלדן by Finbold, the revised date was due to fixing the number of hashes left to mine. 

Overall, the Merge is considered a catalyst for Ethereum’s rally, with the asset recording an increased interest from investors. For instance, Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital, אנגעוויזן that he considers Ethereum upgrade as a point for attracting capital inflow into the asset.