Although the upcoming ETH Merge update is one of the most anticipated events in the crypto community right now, it is not without complications. However, Ethereum developers are quick to respond to issues that arise.
There is Péter Szilágyi, an Ethereum developer Notice on Twitter they found a regression that leads to a corrupt situation. He explained that it was probably one of the pull requests to combine with the new storage model or the online pruner.
In a later update, the developer emphasis the issue is likely to affect those running the release in terms of database corruption and data loss. He also said that the data loss issue occurs on shutdown, which is why their tests were unable to catch the bug.
Despite these issues, the developers were able to deliver a fix after a day. Go Ethereum has released a patch file to fix the issue. The team advised those who updated to go back and relaunch the runtime to see if everything is working well. They tweeted:
We have just released Geth v1.10.23, a hotfix to patch state corruption in 1.10.22.
If you have already updated to .22, you will need to roll back your chain and rerun the last 2 days to make sure everything is ok. More in the release notes.
Sorry about this! https://t.co/bkvAmw09KZ
— Go Ethereum (@go_ethereum) August 24, 2022
We have just released Geth v1.10.23, a patch to fix state corruption in v1.10.22. If you have already done the 1.10.22 update, you will need to go back and relaunch the version from the last two days to check that everything is in order. More information in the release notes. Sorry about that! https://t.co/bkvAmw09KZ — Go Ethereum (@go_ethereum) August 24, 2022
After the release of the patch, Szilágyi is advice the public to wait until the work is finished to ensure that it will be the “right version”. The developer apologized on Twitter for missing the issue during the testing phase and promised to work out how to do better stress tests. The developer also thanked those who helped resolve the issue.
Also Read: Ethereum Foundation Says Upcoming Merger Upgrade Will Not Reduce Transaction Fees
Meanwhile, in an interview with Cointelegraph, economist Lex Sokolin described the possible economic effects of the upcoming Ethereum merger. According to Sokolin, the merger will provide a less risky way to adopt ether (ETH) and possibly normalize interest rates in the Web3 space.
Apart from the economic effects, the merger forces the miners to make a choice. Some say the solution for miners could be a proof-of-work (PoW) hard fork of Ethereum. On the other hand, some mining pools have indicated that they are moving towards staking.