Ethereum

{source](https://coinmarketcap.com/currencies/ethereum/)
On September 15, Ethereum's long announced merge happened and Ethereum went from POW to POS. There were very big expectations for this event, one of which, and I am sure probably the biggest one was that the gas fees would be reduced, the other aspects were the reduction in energy consumption and of course the belief that the price would take off.

Now I have used Ethereum on very limited times and was always struck by the high fees, and according to what I read the fees are still high. Energy consumption apparently worked out and there is a sharp decrease in this.

But the one I was looking at, and over which I was frustrated as I could not change what I have on exchanges to Ethereum, was a big hike in prices plus an airdrop from somewhere. Neither of the two materialized, no airdrop for me and look at the chart from Coinmarketcap, prices have plunged since the merge.

Does this mean the merge was a mistake? Well from what I have read it was actually a success and things will be much smoother for Ethereum from now on. But for me who was looking to make a few easy bucks it was a zero effort thing. No Ethereum no gain but also no pain. You know I do have a small amount of Ethereum on an exchange I will check that now, maybe I did get something extra, you never know.

Posted Using LeoFinance ^Beta