One of the leading Ethereum software developers said the blockchain network’s much-anticipated technical upgrade known as the Merge will likely be completed a few months after June.
The network’s developers had launched a mainnet shadow fork to stress test the new upcoming software. It won’t be June, but likely in the few months after. No firm date yet, but we’re definitely in the final chapter of PoW on EthereumThe Merge will enable the blockchain to move from the proof-of-work consensus mechanism, which uses energy-intensive specialized computers to validate transactions and secure the network, to proof-of-stake.Beiko earlier said he wouldn’t be surprised the Merge happens in the fall but didn’t give a more specific timeline.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: