⛏️
Lost Miners of the Ether - White Paper
  • 👋Lost Miners Introduction: #theyexist
  • Overview
    • 💡Collectors’ Thesis:
    • ✨Historical Significance of The Merge:
  • Engineering Execution
    • 📏Deployment Strategy:
    • ⏱️Timing the Merge:
    • 🚀The Rocket Launcher:
    • ⛽Gas Management:
  • Artist & Creative Vision:
    • 🎨The Artist:
    • 🤝Art in the Open:
    • 🧔Artwork Sample:
  • Fair Distribution
    • 🔀Free and Transparent Claim:
    • 🎲Verifiably Random:
    • 🔭The Forgottens:
  • Rarity Framework
    • 💎OpenRarity
  • Royalties and Holder Rights
    • 💲Royalties:
    • ©️IP Terms
Powered by GitBook
On this page
  1. Overview

Historical Significance of The Merge:

The merge to convert Ethereum from Proof-of-Work to a Proof-of-Stake consensus mechanism was the cryptography equivalent of the lunar landing.

As you probably know, this process converted Ethereum from an energy guzzling monster to an environmentally friendly blockchain by reducing its carbon footprint 99.99%.

This eliminated a major headwind for Ethereum adoption and will allow environmentally conscious businesses, governments, equity funds and individuals alike to fully embrace the power of Ethereum and usher in a new age of Web 3 innovation with Ethereum at its core. This evolution will make digital ownership a ubiquitous part of daily life.

Many of the worlds brightest minds worked tirelessly on the merge for over 3 years.

To use another metaphor, they succeeded at swapping the engine out of a Ferrari as it sped around the track at 250mph without slowing down.

The merge was a technological marvel, and no metaphor can overstate its complexity. The historical significance of the merge will stand the test of time and those at it's core will be memorialized in technical literature and eventually history books.

PreviousCollectors’ Thesis:NextDeployment Strategy:

Last updated 2 years ago

✨