Singapore Favorites List of 8 Countries Most Interested in Ethereum Merger – Bitcoin News

Singapore Favorites List of 8 Countries Most Interested in Ethereum Merger - Bitcoin News

With a total search score of 377, Singapore ranks highest among countries most interested in the upcoming Ethereum blockchain Merge, a new Coingecko study has found. ​​​​The same study also found that among the top eight ranked countries, proof-of-work (PoW) searches are 169% higher than PoS (proof-of-stake) searches.

ETH Merge Search

According to a new Coingecko study that wants to determine the countries most interested in Ethereum (ETH) A composite event, Singapore tops the list «with a total search score of 377.» The country was found to have the highest search levels for the phrases “Ethereum Merge,” “ETH Classic,” and “Ethereum” worldwide.

Canada and Switzerland are tied for second place with a score of 286. According to the study’s results, Switzerland mostly searched for “ETH” and “ETH Merge,” Canada, on the other hand, scored the highest in terms of “ETH POW,” the acronym for ethereum’s proof-of-work consensus mechanism.

​​​​The research study, conducted between July 1 and September 4, 2022, also found that Germany, the US and Turkey have the «highest search levels for the term Ethereum POW». The Netherlands and Australia “rank third and fourth in search levels ETH Merge.”

​​​​The study also found that among the top eight countries, PoW-related searches are 169% higher than PoS searches. On the other hand, «ETH” searches are 40% more than “Ethereum Classic” or “ETH Search” classic.

A hard fork of Ethereum

Commenting on the study’s findings, Bobby Ong, COO and co-founder of Coingecko said:

Anticipation for the Merger is at an all-time high, as its ripple effects will ripple throughout the entire cryptocurrency ecosystem. The top 8 rankings in this list seem to include countries with strong Ethereum communities, which may explain their high search scores in this study.

Ong also noted that a certain number of miners may want to continue mining and that «numerous contentious hard forks are likely to be created after the Merger.» According to the co-founder, the likelihood of such hard forks has led to a surge in search terms such as “Ethereum POW” and “ETH POW” for the past two months.

What are your thoughts on this story? Let us know what you think in the comments section below.

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Terence Zimwara

Terence Zimwara is an award winning journalist, author and writer from Zimbabwe. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide a way out for Africans.














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