MERGE TOWN BUILDINGS LIST MANUAL
MERGE TOWN BUILDINGS LIST UPGRADE

They can of course point out to Geth’s current GitHub repo and say that’s the code. However, the first test of these developers is to launch the split code. With 60 developers, as they claim, a lot of this can be managed and can keep running in a stress test of sorts of natively digital assets and their operation once all centralized aspects are taken out. Dai can still keep working against sUSD for example, and after the initial period it can keep stabilizing sUSD at whatever peg DAI stabilizes. However, in theory since we’ve never seen such a thing before, DAI arguably can still work, it’s just that one dai won’t be worth one dollar, but 25 cent or whatever the clonable collateral percentage is that works.įor ethw, initially you’d expect some huge liquidations of collaterals in dai as ethw’s price drops to maybe 10%, or at most 30%, of current price.Īfter that big bang, however, Dai with ethw and whatever other tokens keep functioning, should start working as normal.

MERGE TOWN BUILDINGS LIST MANUAL

So this isn’t simple either and in fact it may be enough to break DAI’s peg without manual intervention as presumably its supply can’t automatically be reduced in return for 0 value assets. That will give decentralized stablecoins, like DAI, a chance to rule in ETHW, the ticker for ETHPoW, because here the stablecoin can be cloned as the collateral that makes part of the stablecoin, eth, will be cloned to ethw.ĭAI nowadays however is backed by all sorts of things other than eth, including real world assets as well as USDc.

MERGE TOWN BUILDINGS LIST UPGRADE

Centralized stablecoins, like USDt or USDc, can not be cloned like native crypto as you can’t clone the actual fiat which backs the token 1:1.Īll centralized stablecoins however are expected to follow ethereum with the Merge upgrade to Proof of Stake.

Merge town buildings list