Ethereum Merge sparks a kind of minting frenzy – the NFT Plaza
Thursday witnessed the biggest moment in the lifecycle of the crypto-conscious Ethereum ecosystem. After years of waiting, the spiritual home of NFTs has merged with its proof of stake counterpart. Definitely a sparking one The NFT minting frenzy People from far and wide tried to acquire a non-fungible piece of history.
As we all know, in the world of high value collectibles, firsts and lasts carry a lot of weight. So, a remarkable stroke of genius, folks Vanity block Mastermined a bold plan. Consequently, pulling off a brazen move to mint the final block of Ethereum PoW as a single intact NFT.
Unfortunately, no one got Mint Sunset in the last POW block. Some absolute crazy people have taken over the entire block by minting 1 vanity block NFT and paying 30th (30M gwei) for the fee…
Vanity Block is an NFT project that aims to receive entire blocks for a single mint … gg … pic.twitter.com/jmMFoCSY90
— 0xBeans.eth (@0x_Beans) September 15, 2022
Savvy collectors achieved this mighty feat with a single commitment 30 ETH transactions Matches the exact size of an Ethereum block. In addition, it is time to call the services of Applied Mathematics to identify the correct time to execute the transaction. Finally, spend 30.2 ETH to secure the block with an additional 1.3 ETH in gas fees.
Although these events had stopped, another race was about to begin. After the merger enthusiasts wanted to catch the first NFTs on the new system When the dust settled, an intrepid investor used 36 ETH in gas to secure a poorly rendered image of a panda.
Someone paid 36 ETH on this mint gas
First Minted NFT in Proof of Stake pic.twitter.com/zKUKI06EjH
— Cirrus (@CirrusNFT) September 15, 2022
So, as the Ethereum POS ticks along nicely, 2 new NFTs live on the blockchain. Which will become the most valuable? Only time will tell.
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