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30: The Ethereum Merge is Here. What It Means, Who's Getting Rich & Why It Won't Be You (w/ Bennett Tomlin)

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Manage episode 341266729 series 3309319
Content provided by matt@xmattx.com (Matt Binder) and Matt Binder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by matt@xmattx.com (Matt Binder) and Matt Binder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It's finally here...Ethereum Merge Day. Bennett Tomlin of Crypto Critics Corner and Protos.com joins Scam Economy with Matt Binder to break down exactly what the Ethereum Merge is, why the crypto world is celebrating its arrival, the difference between the old proof-of-work system and the new proof-of-stake system, how miners are taking the change, the fork, what is staking, sharding?!, the environmental impacts, how crypto advocates are missing the big picture, Lido and its role, and why the system is still set up for the rich to just keep get richer. Check out Protos and their Ethereum Merge coverage: https://protos.com/the-evolution-of-ethereum-2-0-your-questions-answered/ https://protos.com/heres-how-insiders-are-getting-rich-off-the-ethereum-merge Listen to Crypto Critics Corner: https://cryptocriticscorner.com Visit http://www.scameconomy.com Support the show: http://www.patreon.com/mattbinder
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66 episodes

Artwork
iconShare
 
Manage episode 341266729 series 3309319
Content provided by matt@xmattx.com (Matt Binder) and Matt Binder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by matt@xmattx.com (Matt Binder) and Matt Binder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It's finally here...Ethereum Merge Day. Bennett Tomlin of Crypto Critics Corner and Protos.com joins Scam Economy with Matt Binder to break down exactly what the Ethereum Merge is, why the crypto world is celebrating its arrival, the difference between the old proof-of-work system and the new proof-of-stake system, how miners are taking the change, the fork, what is staking, sharding?!, the environmental impacts, how crypto advocates are missing the big picture, Lido and its role, and why the system is still set up for the rich to just keep get richer. Check out Protos and their Ethereum Merge coverage: https://protos.com/the-evolution-of-ethereum-2-0-your-questions-answered/ https://protos.com/heres-how-insiders-are-getting-rich-off-the-ethereum-merge Listen to Crypto Critics Corner: https://cryptocriticscorner.com Visit http://www.scameconomy.com Support the show: http://www.patreon.com/mattbinder
  continue reading

66 episodes

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