SuperRare Outlines Merge Plans

SuperRare Outlines Merge Plans

SuperRare is disabling the ability to create auctions on its platform until at least Thursday, Sept. 16 at 7:00 a.m. ET, according to an announcement from the project. All running auctions may receive bids until 11:00 p.m. ET on Wednesday, Sept. 15. 

The move is just one of two preventative measures being implemented by the leading NFT art marketplace ahead of the Ethereum "Merge," which will shift the consensus mechanism of the Ethereum blockchain from proof-of-work to proof-of-stake. 

Just before the Merge - which is expected to take place around 1:00 a.m. ET on Thursday - SuperRare will also pause all minting and marketplace activity. 

After the Merge, SuperRare plans to only support the proof-of-stake chain, claiming it was always part of the plan to follow the roadmap of Ethereum.

"SuperRare has always planned to follow the roadmap of Ethereum and will only support artworks on the Proof-of-Stake chain. Any potential forks will be ignored, and all artworks on such a fork will be treated as though they do not exist." 

Learn more about what the Merge can mean for your NFTs


Related Content
Lucky Trader News on Twitter
Get alerts the moment news breaks with the Lucky Trader app.