Ethereum Merge will be launched in the next fifteen days, with the objective of transitioning the Ethereum (ETH) network to the Proof-of-Stake (PoS) blockchain to make it more scalable and efficient.
In context, OpenSea which is the largest NFT market in the world stated that they will support NFT only on the upgraded Ethereum PoS chain.
In addition to supporting the Ethereum PoS chain, OpenSea stated that they are in the process of working on OpenSea products to ensure a smooth transition.
In the meantime, given that the development of the Merge upgrade is going smoothly according to plan, OpenSea also does not expect any major issues, however OpenSea will always be committed to monitor, manage and communicate at all times.
While OpenSea is ready to move to Ethereum PoS, it is also implementing a new development by announcing the use of the Polygon blockchain for the recently launched Seaport Protocol to maintain its market.
Previously, Polygon on OpenSea was powered using the 0x protocol, but switching to *Seaport allowed OpenSea to have a better and more stable infrastructure.
* Seaport is a brand new Web 3.0 market protocol that enables the buying and selling of NFTs
In addition, after several months of observing the impact of Seaport and gathering feedback, OpenSea is introducing Polygon support to Seaport, and they will even add support for Klaytn and others.
Also explained, the functionality of OpenSea's Seaport protocol differs from some other NFT markets because instead of *peer-to-peer transactions, OpenSea uses an offer and consideration mechanism.
*Peer-to-peer is a network model in which two or more computers form an unstructured and informal network relationship
Obviously, this is an advanced agreement where buyers can supply agreed digital items in Ethereum (ETH) or ERC20, ERC721 and ERC1155.
In fact, another benefit of the Seaport protocol is that new people signing up to the platform do not have to pay an initiation fee.
