Ethereum’s Latest Progress Toward Proof-of-Stake

[Tanimariya]

Here are some things that will (and won’t) change after the Merge. An under-the-radar rendezvous of core Ethereum developers took place in Greece last week, with major progress being made toward the Merge. According to ConsenSys’ Ben Edgington, a Beacon Chain developer, the teams accomplished the transition of a multi-client devnet from proof-of-work to proof-of-stake. Eth1 execution clients and Eth2 consensus clients successfully merged to create a network capable of processing transactions.

This news comes shortly after the announcement of Altair’s coming upgrade on Oct. 27. The Altair upgrade is a significant step in the transition to proof-of-stake, giving developers a “low stakes warm-up” and further functionality on the Beacon Chain. While the puzzle that is the Merge seemingly moved slowly at first, it is beginning to fall into place all at once.

As we approach the eventual transition to proof-of-stake, it is important to note what the upgrade will change and what will stay the same. Source Link