The largest NFT platform OpenSea has revealed how they are working on the upcoming Ethereum Merge.
Many companies have started preparations for the Ethereum Merge. The latest statement on this issue came from OpenSea.
OpenSea Will Support PoS Chain
Ethereum, the most popular network in NFTs, was at the center of criticism with gas fees during the market volatility. In this context, the next updated Ethereum version, called Ethereum 2.0, aims to get rid of these problems.
OpenSea announced on its Twitter account that it will support Proof of Stake. The company, which continues to work on this issue, said that they will be determined on the issue.
1/ The Merge is coming! Here’s what we’re doing to prepare…
— OpenSea (@opensea) August 31, 2022
One of the problems with Ethereum Merge is that part of the community is firmly against the change. At the community level, this has become such a big discussion that crypto money platforms and some companies in this field have announced their support for Ethereum’s Proof of Work fork. On the other hand, some companies have announced that they will not support Proof of Work at all. An example of one of them is Antpool. Cloud mining firm Antpool will not support Ethereum’s Proof of Work fork, but has recently announced an investment in Ethereum Classic (ETC) for users in this space.
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