TLDR: Your Ethereum assets are safe on the Ballet wallet.

So the Merge is on the brink of finally happening with many in the crypto community calling this the biggest network upgrade in crypto history. To recap a bit, for those who have been living under a rock, Ethereum is on the verge of upgrading their consensus protocol from a Proof of Work network to a Proof of Stake network. Proof of Work required the processing power of many specialized computers to run highly complex mathematical computations, such as SHA256. With Proof of Stake, “miners” or validators can participate by staking a minimum amount of ETH in “pools” to have a chance of being part of the consensus protocol. No 3rd party computing machines are necessary and some may say this is beneficial to the environment as less energy intake is needed.

The team at Ballet would like to give you all a heads up on some things to keep in mind during the Merge. We’ve had many questions regarding this and we felt it is prudent for us to lay guidance on what Ballet wallet users should expect.

Here are some important pointers you should be aware of during the Merge:

• Your ETH, ERC20 tokens, and NFTs on your Ethereum address in the Ballet wallet will not be affected by the Merge.
• It is safe to keep it on the Ballet wallet throughout the whole duration of the Merge.
• There are NO new wallets that you need to create during this period. Your Ethereum wallet used now will be the same before, during, and after the Merge.
• Transaction services via the Ballet Crypto App will NOT be paused during the Merge and will be freely available to use.
• It is recommended that you avoid any high-value transactions during the Merge.
• Swap and Buy services via the Ballet Crypto App may take longer to resume as they are operated by our partners.
• Please be vigilant and on guard during this period as scammers are constantly out there trying to steal your keys.

Also, as a reminder, the Ballet Wallet Ethereum Merge Campaign is still ongoing allowing you to buy 2 REAL Ethereum wallets for the price of 1 on our Amazon channels and official website. For more details, please refer to our announcement here.

If you have any questions during this time, please do not hesitate to contact us at support@ballet.com.

About us

Ballet is a U.S. company that provides simple and secure cryptocurrency storage solutions for the global mainstream market. Ballet is the team behind the world’s first multi-currency, non-electronic, physical crypto wallet. The company was founded in 2019 by Bobby Lee and an international team of cryptocurrency industry veterans. Ballet is headquartered in Las Vegas, Nevada in the United States, and has an office in Shanghai, China.

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Things to know regarding your Ballet wallet during the Merge. was originally published in BalletCrypto on Medium, where people are continuing the conversation by highlighting and responding to this story.