The move to proof of stake (PoS) for Ethereum is getting closer, with the network’s oldest testnet, Ropsten, set to switch on Wednesday night Asia time. Ropsten’s proof-of-work (PoW) and proof-of-stake (PoS) beacon chains will converge to produce a single PoS network. The exact date of the merger is unknown, but it is scheduled to take place around June 8-9, subject to certain conditions being met, according to an official blog post. The testnet merging is a dress rehearsal for Ethereum’s mainnet Merge, which is expected later this year and will entail the same process. During the transition, the Ropsten Merge will be used to see if the client software used to run Ethereum nodes is working correctly. When Ropsten’s PoW chain hits a specified difficulty level termed Total Terminal Difficulty (TTD) of 50 quadrillions, which has been set to prevent malevolent actors, the testnet Merge will occur. Merge – Milestone in Ethereum’s Network History Tim Beiko, the Ethereum Foundation’s Community Manager, came to Twitter earlier this week to announce a Merge ‘Dress Rehearsal’ that will take place on Ethereum’s Ropsten testnet network. The Merge is, without a doubt, the most eagerly anticipated event in Ethereum’s history. It will improve the network’s energy efficiency and rebrand the Consensus Layer, formerly known as Eth2. Thousands of Ethereum users will be disappointed to see that Merge will not cut gas fees on the network.The post ...
