Ethereum’s (ETH) Goerli testnet completed its merge with the proof-of-stake consensus mechanism in the early hours of August 11.
The Goerli testnet has been successfully merged and is now a full Proof of Stake chain.
Next up is (finally) the Ethereum mainnet!!
The Merge is coming 🐼
— sassal.eth 🦇🔊🐼 (@sassal0x) August 11, 2022
Goerli is one of the most active Ethereum testnet. The merge was completed around 1:45 UTC after Terminal Total Difficulty (TTD) exceeded 10,790,000.
pandas on the screen! pic.twitter.com/0nYll6gImH
— Tim Beiko | timbeiko.eth 🐼 (@TimBeiko) August 11, 2022
The testnet merge started on August 4 following the Bellatrix upgrade to Prater, the Goerli beacon chain.
And we finalized on goerli 🚀🚀🚀
There was some confusion on the network because of two different terminal blocks and lots of non-updated nodes, so we didn’t finalize earlier. We’re still looking into whats happening, but so far it looks quite good— MariusVanDerWijden (@vdWijden) August 11, 2022
But it wasn’t without some minor issues. Ethereum developer MariusVanDerWijden tweeted that:
“There was some confusion on the network because of two different terminal blocks and lots of non-updated nodes.”
However, Wijden added that the developers were looking into what happened.
All eyes on September
With the success of the Goerli testnet merge, the likelihood of the final merge happening in mid-September has grown significantly.
The Ethereum Foundation called the event the “most significant upgrade in the history” of the blockchain network.
Dima Buterin, the father of Vitalik Buterin, said:
“I’m very excited to see these final steps to the Ethereum proof-of-stake switch being completed. It’s exciting that the second biggest blockchain is getting to the point where it can cut its energy usage by about 99.95%.”
Ethereum up 12%
Ethereum’s price has reacted positively to news of the merge, with the asset rising by 12% to $1886, as of press time.
The green run…
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