Proof of Merger NFT items will shift in your wallet when the Ethereum merger occurs

Proof of Merger NFT items will shift in your wallet when the Ethereum merger occurs

Were you into crypto before integrating Ethereum? Now, you can prove this with the NFT Proof of Inclusion.

A pair of creative thinkers in web 3 a company Andreessen Horowitz created Proof of integration The NFT features metadata that evolves dynamically as the Ethereum merger unfolds.

Michael Blau, Engineering Partner at A16z and Crypto Investment Partner Mason Hall designed the black and white “Proof of Inclusion” Ethereum NFT, which goes through three phases that are automatically triggered by smart contract. programs developer Zachm.eth Design the front end of the project.

The first stage of each evidence of NFT merging is shown before the file to merge It shows two separate circles. The second stage of NFT, which occurred early Wednesday, show two merged half-circles. The third stage will show the circles fully merging, forming a yin and yang symbol to indicate that the Ethereum merger has completed.

“It’s basically a side project that Mason and I hacked together really fast over the weekend, last weekend, and it launched, and so far it’s been pretty crazy,” Blau said. Decrypt in an interview.

Art is a reference to Ethereum panda bear memesaid Hall, who appears on Ethereum Execution layer Like the black bear and Ethereum consensus layer White bear. The two bears then combine to make the panda Ethereum, which became a metaphor for Ethereum after the merger.

At the time of publication, there were about 9,000 unique crypto wallet Addresses already Quiet Free NFT “Proof of Merger” is unlimited but can only be claimed before the merger is terminated.

Why did they choose three stages? It was mostly for simplicity, says Blau.

“We actually store all of them ASCII image In the chain, the more phases we want to store, the more data we have to store, and that means more storage gas fee which we have to pay when the smart contract is actually deployed initially,” Blau said.

Notably, Blau’s brother Justin Blau He is also into coding and wants to change the music industry with NFTs.

NFTs – unique blockchain tokens denoting ownership – are non-transferable. If someone tries to transfer proof of their NFT integration, the transaction will fail, but the sender will still have to pay the Ethereum gas fee.

This means that Proof of Attendance NFTs also serve as proof of attendance type NFTs, as they can only be held by wallets minted prior to the merger. The design features a black and white ASCII style similar to the previous Blau suites Ethereum NFT, MEV . army And the x0rwhich were launched earlier this year.

Hall said the intermediate phase of two partially adjacent circuits was triggered by a “mass-related timestamp” Decrypt. “So we use[d] A 12-hour window before consolidation actually occurs to represent this intermediate stage.”

The smart contract behind Proof of Merging NFTs is also designed to be able to tell exactly when the consolidation occurs until the NFT changes to its third and final state – the yin yang token.

“The only way to find out whether or not a merge occurred on the chain is to measure something called block.difficulty,” Hall said. “It is a feature of a block that typically returns how hard it is to mine that block to prove Ethereum to the working chain.”

This value will be zero when the merge is complete.

The merging ethereum It will happen late Wednesday evening, according to estimates based on Ethereum’s current hash rate. The merger will transform the entire Ethereum blockchain mainnet from Proof of Work mining to Proof of Stake – a massive shift that is expected to reduce Ethereum’s power consumption by 99.95%.

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