A specific deadline for the transition to proof-of-stake has been been offered by Ethereum developers who are working on implementing the merging.
Ethereum Merge Now Has A Date
The Ethereum mainnet is now scheduled to launch the merging during the week of September 19, according to a recent developer teleconference. This will happen after switching the final testnet before the merge to PoS.
The adoption of the transition has been delayed on a number of occasions. The crucial transition of the Ethereum network from proof-of-work (PoW) mining consensus to proof-of-stake is almost complete (PoS). During a conference call on Thursday, members of the Ethereum development team declared a timetable for the permanent merger.
Tim Beiko, a core Ethereum developer who oversees protocol meetings, suggested September 19 as a viable date for the merger during the conference call. The core developers did not object to the planned goal date. These professionals are giving their all to make sure the combo is successful.
This merge timeline isn’t final, but it’s extremely exciting to see it coming together. Please regard this as a planning timeline and look out for official announcements!https://t.co/ttutBceZ21 pic.twitter.com/MY8VFOv0SI
— superphiz.eth 🦇🔊🐼 (@superphiz) July 14, 2022
The Goerli testnet merge is anticipated to be live in the second week of August. The Bellatrix update will then be released on the blockchain in early September, followed by the merge two weeks later.
The new integration date roughly corresponds to the late-August schedule Vitalik Buterin suggested earlier this year.
Previously, a shadow fork on the mainnet resulted in the shutdown of 20% of nodes following its rollout, raising questions regarding merging stability. After the Beacon chain underwent a 7-block deep reorganization in May, the price of ethereum crashed. Superphiz.eth, an Ethereum developer, talked about the merger’s timeline and underlined that the proposed goal date should be viewed as a road map rather than a strict deadline.
The Sepolia testnet Beacon Chain launched in June, clearing the way for Merge dress rehearsal to offer technical insights to Ethereum network developers. This process culminated with the Sepolia being incorporated into the network on July 7.
It is anticipated that switching to Proof of Stake (PoS) technology will reduce energy consumption by 99%. The first quarter of 2023 is when sharding is expected to be implemented, greatly…
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