Transcript Ep. 395 - How Traders Are Thinking About the Merge -- and a Potential ETHPoW Chain
Hey, everyone. The merge is upon us. After this show is published, Ethereum’s merge, which will transition the blockchain to proof-of-stake, will likely happen within about two days. Earlier this summer, Kevin Zhou of Galois Capital raised the ire of many people in Ethereum when he talked about the likelihood that an Ethereum proof-of-work chain would come out of the fork, and in recent weeks, it does look like there’s a movement behind this so-called Ethereum proof-of-work, or ETHPoW, fork. Though, how successful or how smooth it will be is anyone’s guess.
In this episode, Kevin and Evgeny Gaevoy of Wintermute, a larger market maker in crypto, discuss different ways the merge could play out. Honestly, they said so many things that surprised me, and we got to cover everything, from the potential ETHPoW chain, to bitcoin, to ETH itself, DeFi. We talked about NFTs and more. Litecoin, Dogecoin, and SHIB even got a mention. I hope you find this episode as thought-provoking as I did and also, that you have a happy merge week. When I catch you Friday, we should be in an Ethereum proof-of-work world. Enjoy the show.
Hi, everyone. Welcome to Unchained, your no-hype resource for all things crypto. I’m your host Laura Shin, author of The Cryptopians. I started covering crypto seven years ago, and as a senior editor at Forbes, was the first mainstream media reporter to cover cryptocurrency full time. This is the September 13, 2022 episode of Unchained. Every other week, Unchained hosts The Chopping Block, where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra chop up news in digital assets. Catch the latest episode now on YouTube.
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With the Crypto.com app, you can buy, earn, and spend crypto in one place. Download and get 25 dollars with the code Laura. Link in the description. Today’s topic is Trading the Merge. Here to discuss are Kevin Zhou, Co-Founder of Galois Capital, and Evgeny Gaevoy, Founder and CEO of Wintermute. Welcome, Kevin and Evgeny.
Yeah, thanks for having us.
Yeah. Very nice to meet you.