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Learning & News => News related to Crypto => Topic started by: newshunter on July 17, 2022, 07:00:26 AM

Title: Ethereum devs confirm the perpetual date for The Merge
Post by: newshunter on July 17, 2022, 07:00:26 AM

Ethereum devs confirm the perpetual date for The Merge

Ethereum’s transition journey from PoW to PoS journey could take up to years as it began with the launch of Beacon Chain in December 2020 and has seen several delays on the way.

Source: Ethereum devs confirm the perpetual date for The Merge (https://cointelegraph.com/news/ethereum-dev-confirms-perpetual-date-for-pos-merge)

Would appreciate your opinion about this

Title: Re: Ethereum devs confirm the perpetual date for The Merge
Post by: Alcor on July 17, 2022, 06:09:14 PM

It was only one of the proposals at this conference. However, as I understand from this article, the proposal of the main developer of Ethereum, Tim Beiko, who proposed September 19 as the tentative date for the merger, was accepted. Moreover, it is indicated that this target date did not raise objections from the main developers. So I think that this fall we will already see an updated Ethereum network. Recently, Buterin suggested that this date could be moved to October, but not later. Of course, if there are no other unforeseen difficulties.

Title: Re: Ethereum devs confirm the perpetual date for The Merge
Post by: cheezcarls on July 17, 2022, 09:32:01 PM

Because of the announcement, Ethereum's price has slightly increased a bit but I don't know how long will it be holding on to at least above $1,300. Of course, it's just a proposal for now during the conference. This could be really interesting for us to see what the future holds for Ethereum, especially for those who are holding, trading and mining it as it'll be transitioning from PoW to PoS.