Cryptoknowmics
2022-07-15 13:45:12

Ethereum Devs Confirm the Perpetual Date for The Merge

The essential step of the Ethereum network’s shift from Proof-of-Work (PoW) mining consensus to Proof-of-Stake (PoS) is almost complete. On Thursday, during a conference call, Ethereum (ETH) developers proposed a permanent merger date. Tim Beiko, a core Ethereum engineer who oversees core protocol meetings, suggested September 19 as a possible merger goal date during the conference call. The core developers raised no objections to the recommended merge date. 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 Sepolia’s Testnet Beacon Chain Went Live Later, Ethereum developer superphiz.eth clarified in a tweet on the merger’s timeline that it should be viewed as a roadmap rather than a strict timetable. Phase 0 of Ethereum’s transition to PoS-based ETH 2.0 got underway on December 1, 2020, with the introduction of Beacon Chain. The program’s first phase was supposed to begin in the middle of 2021. However, due to unfinished business and the complexity of the code audits, it was postponed to the first quarter of 2022. Sepolia’s testnet Beacon Chain went live earlier this year, laying the stage for its Merge dress rehearsal and providing Ethereum network engineers with important technical information. On July 7, Th...

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