The long-awaited transition to Ethereum (ETH) from proof of work to proof of commitment is imminent. In fact, Ethereum’s testnet nodes on Sepolia now support the Proof of Bet (PoS). A huge step which suggests that the launch of The Merge upgrade will take place in the near future.
Ethereum closer than ever to The Merge
Ethereum is making great strides in its hard fork mainnet. Specifically, the smart contract blockchain has rolled out The Merge on the test network Seplia. This is the second of three test nets intended to test network performance prior to the full migration of Ethereum (ETH) to PoS. So, because of the success of this phase, the Proof of Work (PoW).
Prior to the Sepolia update, client collectors had to scale a consensus layer and an execution layer at the same time. As a reminder, the first one makes it possible to implement PoS thanks to the Beacon Chain. For the latter, it supports transactions, smart contracts and DApps.
Incidentally, the merger on Sepolia occurred when the total difficulty of the PoW channel exceeded 17 billion. That happened last Wednesday around 5:00 pm GMT. Note, so far, the update to the test network there was no cause for significant dysfunction.
What to expect next?
Merger refers to convergence Proof of Work and Proof of Bet on the Ethereum network. As a result, after upgrading the mainnet, the mainnet will no longer appeal to miners. Instead, it will try to validate nodes to pledge their ether to validate transactions.
Despite the many delays suffered by the project, its establishment on the test network Segolia is pretty promising. Ethereum Plans a hard fork on the mainnet during the current year. However, at the moment, it is not yet known exactly when this will happen.
In addition, after Segolia, the next step is the Goerli test network, which will be launched in the coming weeks. Last month, it was the turn of it test network Ropsten to host The Merge. An operation that went out with ease.
For the entire crypto community, this transition from PoW to PoS is a major event. This is an opportunity for Vitalik Buterin baby to significantly reduce his energy load and increase the flow of transactions. In addition, it should allow scalability by rolling up Layer 2.
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Junie MAFFOCK
I came across a blockchain out of curiosity and stayed with it out of passion. I was amazed at the possibilities it offers through its various use cases. With my pen, I hope to help democratize this technology and show how it can help make the world a better place.
