Ethereum Developer Reveals Timeline for Final “Merge” Upgrade
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Answer Ethereum Developer Reveals Timeline for Final “Merge” Upgrade
In a recent tweet, Ethereum developer Tim Peko shared the expected timeline for the Ethereum network’s transition to Proof of Stakes.
In a blog post shared alongside the Tweet, the dev team told that after several devnets, shadow forks, and integration into test networks, the Goerli Network and its accompanying Beacon Chain are the only networks remaining to undergo the “merger” process. “.
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In this case, the “Goerli” and “Prater” network will be merged, but the resulting network will still be known as “Goerli” after the merger.
There are two ways in which the merge differs from previous Ethereum updates.
Clients of the Consensus Layer (CL) and Execution Layer (EL) of node operators must first be updated simultaneously, rather than just one of the two.
Second, the upgrade is activated in two stages:
Bellatrix, which occurs on the Beacon Chain network, and the Paris upgrade that occurs when the execution layer reaches the total difficulty value.
On August 4, 2022 at 12:24 PM UTC, the Bellatrix Epoch Update 112260 is scheduled.
On the other hand, Paris will be powered by reaching Total Specific Terminal Difficulty (TTD) on Goerli, expected to occur between August 6 and August 12, 2022.
The merger will be completed as soon as the “Beacon Chain” of these blocks is finished.
This should occur in two periods, or approximately 13 minutes, after the first post-TTD block is met, assuming normal network conditions.
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The approaching upgrade contributed to the momentum around Ethereum, which also rose after the release of inflation data and the state of US GDP.
Ethereum is trading at press time at $1,720, up 6%.
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