OpenSea Will Support PoS After the Merge
With the Ethereum merge now only days away, OpenSea has revealed that its marketplace will support the Ethereum PoS chain only after the merge has successfully been completed.
OpenSea explained that its team has been working on the OpenSea product in preparation for the upcoming transition of Ethereum into its Proof-of-Stake chain. This is to ensure that the process is seamless.
OpenSea says that its developments towards the merge have been going smoothly and doesn’t expect any major issues for the transition. However, they remain “committed to monitoring, managing, and communicating throughout.”
No Support for Hard Forks
In addition, OpenSea has announced that it won’t support any NFTs from an Ethereum hard. OpenSea writes that it remains “committed to solely supporting NFTs on the upgraded Ethereum PoS chain.”
This means that the world’s largest marketplace will not support NFTs created on any chains that are hard forked as Ethereum undergoes the merge.
On the Flipside
Why You Should Care
Like many others, OpenSea is putting everything together to ensure the smoothest transition possible following the most-anticipated crypto event, the Ethereum merge.
Find out how miners are preparing for the merge in:
Ethereum’s (ETH) Largest Mining Pool (NASDAQ:POOL), Ethermine, Launches Staking Service Ahead of the Merge
Read about the OpenSea’s Seaport in:
OpenSea NFT Marketplace Onboards Polygon (MATIC) into Seaport Protocol
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Source: Cryptocurrency - investing.com