Ethereum News

Ethereum developers have fun as Testnet merges to Proof-of-Stake

ropsten artwork

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!

The Ropsten testnet for Ethereum has successfully merged to activate the beacon chain. The merge indicates that all testnet validators are now running the same version of the proof-of-stake codebase for Ethereum.

Ropsten proof-of-stake merge

The update to Ropsten was made live on May 30, and on June 8, validators successfully merged the code on schedule. The Beaconchain for the Ethereum mainnet was shipped back in December 2020 and ran parallel to the Proof-of-work consensus layer. The mainnet merge is scheduled for around August this year. An Ethereum client developer, Lodestar, announced,

“All signs are great so far, we are keeping an eye on the rocket to ensure it gets safely out of the atmosphere. AKA, we are keeping an eye on validator participation, if the clients are in consensus and seeing when the chain finalizes. Here is the panda for reference for liftoff.”

Ethereum developers are having fun.

The creativity of the web3 ecosystem is alive and well as “Panda Fusion” memes have found their way into the codebase for one of the most extensive network upgrades in history. The meme stems from community posts suggesting that the merging of consensus and execution layers will result in a Dragonball Z-style fusion of personas.

Validators shared different ASIIC artwork within their client codebase to celebrate the launch. Below are some of the masterpieces, including several pandas courses.

ropsten artwork
Source: Twitter
ropsten art
Source: Twitter
Source: Twitter

Proof-of-Stake performing well

Lodestar continued to report that the new proof-of-stake chain is performing well, stating:

” we need 66% within 2 epochs to finalize the chain. So missed blocks are not good, but we have enough to finalize at this rate.”

The chain achieved “about 86.3%” participation from validators…

Click Here to Read the Full Original Article at Ethereum – CryptoSlate…