Date of Ethereum Merge Has Been Revealed

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Alex Dovb­nya

Ethereum devel­op­ers have revealed the exact date when the merge upgrade will like­ly take place 

Ethereum is expect­ed to tran­si­tion to final­ly tran­si­tion to the proof-of-stake con­sen­sus algo­rithm on Sept. 15.

It is worth not­ing that this is the ten­ta­tive launch date, which means that the upgrade could still take place a few days lat­er. It is hard to pre­dict when exact­ly the much-antic­i­pat­ed upgrade will take place due to pos­si­ble issues. 

First, the bea­con chain will have to acti­vate the Bel­la­trix upgrade, which is now expect­ed to take place on Sept. 6. 

Tim Beiko, one of the lead­ing devel­op­ers at the Ethereum Foun­da­tion, has con­firmed that the cur­rent ver­sion of the blockchain will have a spe­cif­ic ter­mi­nal total dif­fi­cul­ty (TTD) of 58,750,000,000,000,000,000,000.

It will mark the final block mined on the proof-of-work ver­sion of Ethereum. The next block will be mined with the help of proof-of-stake.

As report­ed by U.Today, Goer­li became the third and final test­net to tran­si­tion to proof-of-stake ahead of the high-stakes merge event. 

On a Con­sen­sus Lay­er Call, which took place ear­li­er this Thurs­day, Ethereum devel­op­ers claimed that the upgrade was a success.

Ethereum will con­sume far less ener­gy after the much-antic­i­pat­ed upgrade, which has been delayed on mul­ti­ple occa­sions. Ethereum min­ers will be pushed out of busi­ness fol­low­ing the upgrade. Those who do not want to com­ply with the upgrade will like­ly attempt to fork the net­work. EthereumPOW, the most promi­nent effort so far, is already gain­ing trac­tion with some exchanges. 

Last month, Vita­lik Buterin, the co-founder of the sec­ond-largest blockchain, said that Ethereum would be only 55% com­plete after the merge.



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