history has been made ladies and gentlemen everybody in crypto needs to watch today's video
in full I'm gonna take you through what happened now that ethereum has merged what changes to the
protocol have occurred will occur including what comes next as far as upgrades for ethereum I want
to talk about cardano its major Milestone and its looming upgrade we'll talk about future plans for
Solana and currently they have a store in New York City you need to see this clip and also and this
is huge what coinbase is doing with its platform to help Propel good legislation crypto friendly
legislation I'm going to show you a clip of this as well this is truly an episode you don't want to
miss if you're involved in cryptocurrency make sure you subscribe we drop one video every day
keeping you informed on the entire cryptocurrency Market just like we're doing today let's not not
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here ethereum makes history with its merged to proof of stake although this merge is less
than 24 hours old at this point it seems by all accounts this merge was 100 successful so let's
talk about it with today's switch ethereum will now rely on validators staking eth to achieve
consensus and secure the network proof of stake is set to bring several major changes to the ethereum
network perhaps the most significant of these changes is an estimated 99.95 reduction in energy
consumption as ethereum will no longer rely on miners operating energy intensive Hardware it will
become much more efficient ethereum Foundation researcher Justin Drake said that the move would
reduce worldwide electricity consumption by 0.2 percent on the ethereum foundation's live
stream he said this Additionally the network will stop paying eth two miners leading to
an issuance reduction of around 90 percent so ethereum previously emitted around 13
000 each daily sold on the open market proof of work but now it will only pay out around 1
600 eth two validators again issuance reduction around 90 percent presumably good for the price
over time the merge is a momentous event not just for the ethereum community but also for
the crypto Community as a whole never before has a proof of work network of ethereum's scale
moved to proof of stake I would say outside of the invention of Bitcoin itself and perhaps the
Satoshi white paper this is the biggest event ever to happen to cryptocurrency so now that
it's happened let's talk about what comes next for ethereum then we'll move on to some altcoins
what other upgrades are coming after the merge is complete there are still a series of other
updates following the merge the rhyming upgrades are called The Surge The Verge The Purge and
the Splurge The Surge will include the Shanghai upgrade which will include the ability to withdraw
staked eth and sharding which aims to improve scalability by spreading the burden of processing
and handling large amounts of data over an entire network The Verge will let users become Network
validators without needing to store a lot of data which is a massive step towards decentralization
the purge will aim to remove old Network history and the Splurge refers to the fine tuning of its
preceded steps one of the biggest things that I'm looking forward to now that the merge is complete
is the continued growing and scaling of all of these layer twos arbitrum optimism ZK Roll-Ups
polygon these are of the things that will truly make ethereum easier to use and reduce transaction
fees and this is something we will continue to report on I'm excited about this let's get
into this because this is huge coinbase now lets users check which politicians are crypto friendly
coinbase users will be able to see which U.S politicians are crypto friendly with a new in-app
tool CEO Brian Armstrong announced yesterday on Twitter as crypto companies ramp up their lobbying
efforts ahead of the midterms in November the tool shows how different members of Congress measure up
on their crypto sentiment which can range from very positive towards crypto to very negative
towards crypto the assessments are based in part on data from the crypto Action Network which
scores members of Congress on publicly available data like media statements legislative records and
their willingness to accept crypto donations let's play the clip this is the Tweet thread
where CEO Brian Armstrong announced this feature starting today coinbase will begin integrating our
crypto policy efforts right into our app these will help our 103 million verified users and
growing get educated on the crypto positions held by political leaders where they live let's check
out the demo I'm here to give a quick demo of the legislative action portal the legislative action
portal allows any coinbase user to learn more about where members of Congress in the U.S stand
on crypto members of Congress have a score ranging from positive to negative based on publicly
available data including legislative records media statements social media posts and more
for members that don't have enough information such as Akeem Jeffries their profile will display
not enough data this will be updated if their score changes let's tap into representative Torres
you can immediately see that the sentiment is very positive you vehicle's website or his Twitter to
learn more as well see any notable statements that he has put out you're also able to see what
crypto builds up any that he has sponsored or co-sponsored we've also added a very easy way
for you to contact your member of Congress to urge them to support Pro crypto policies by tapping the
big blue get involved button below in the coming weeks you'll receive a notification such as the
one shown here that will allow you to access the portal if you wish to revisit the portal
you simply need to go to your in-app notification center and tap on the crypto advocacy notification
in order to access the portal once more wow coinbase just mobilized its 100 million plus
users against anti-cryptal politicians instead of crossing our fingers and playing defense we
may be making politicians scared huge stuff that will probably go underreported but not by us this
is why you subscribe let's talk about cardano now that ethereum has merged what is the most
anticipated thing for crypto in 2022 I'd argue it is cardano's vassal upgrade actually pretty
soon September 22nd ethereum competitor cardano not only with the upgrade but also reaches an
amazing Milestone 50 million transaction Milestone with upgrade looming this is what you need to know
cardano holders ethereum Challenger cardano has set a new milestone for transactions as
its highly anticipated Castle hard Fork upgrade nears according to cardano blockchain Explorer
cardano scan smart contract platform recently surpassed 50 million total transactions data
from cardanoscan also revealed that almost a million of these transactions occurred during
the last 15 days cardano's vassal hard Fork which is slated to occur on September 22nd set
your calendars will bring the eat competitor one step closer to fulfilling its ambitions
Ada co-creator Charles hoskinson had this to say it's becoming more clear that the distance between
us and everybody else is growing we build cardano to be the financial operating system of the world
we built it to bank the unbanked we built it as a community to give economic identity to those
who don't have it so we can have one Global Fair Marketplace it's a crazy Mission and it feels vast
in scope but with vassal coming September 22nd it feels much more achievable hoskinson said
that once the hard Fork is complete cardano will continue to evolve as an ecosystem by
becoming more portable usable and scalable love to see this we will continue reporting to you
information like this so make sure you subscribe let's talk about Solana and the future of Solana
according to one of the leadership members on the Solana team one of the co-creators the co-creator
of Solana is revealing his end goal for the high throughput blockchain and major ethereum rival
in a new interview with Scott melker Anatoly says that he hopes that Solana blockchain's speed will
help it become The Benchmark system for all Global Financial data eliminating market inefficiencies
quote this is like my science fiction end goal for Solana it's that when news travels around the
world State transitions travel at the same speed as news by the time that news hits a Bloomberg
terminal in New York the price of whatever that thing was reflecting is already being propagated
through Solana so when a Trader looks at a market on the New York Stock Exchange or Solana it's the
same price it means there's no real Arbitrage allowed this will require a lot of work we joke
that if we have to do it we will build a neutrino based communication between nodes to cut through
the center of the earth to reduce latency so talking about the future of Salon he wants
things fast and he wants things useful the crypto entrepreneur says in order for Solana to become
dominant a big breakout of adoption of the next big application on his blockchain would be key to
making it happen quote I think the key part that would be awesome and like a win is if we do see
that like 100 million user breakout applications happen on Solana and I don't know what that is but
to me if like the Facebook or whatever equivalent of nfts gets built on Solana that would be I think
how we win and what that would mean I don't know I have this belief and a hope that self-custody is
so important that if we have 100 million people with self-custody that becomes a transformative
Force almost like a global voting block around the world like what if 10 million people decide
to buy every coal plant and shut it down like the Constitution dial the possibilities there
are pretty endless and pretty wild Solana is certainly doing things differently than ethereum
or cardano I'm certainly bullish bullish on cardano Solana and ethereum for different reasons
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