Ethereum officially tests The Merge on the Ropsten testnet
Despite previous technical glitches, Ethereum decided to test The Merge upgrade on the Ropsten testnet in early June.
Tim Beiko, one of Ethereum's leading developers, announced that the world's second largest crypto network will test The Merge upgrade on June 8th on the main testnet, Ropsten.
The news reports earlier that the Ethereum team would bring The Merge to Ropsten in early June, confirm that the upgrade would work on this testnet, and then roll it out to the Ethereum mainnet in early August. It is backed up.
"Announcement of merge deployment at Ropsten:
Ethereum's oldest PoW testnet is about to move to Proof of Stake! A new chain of Beacon has begun today and The Merge will take place on Testnet on June 8th.
Note the node operator: This is the first major rehearsal. "
As explained in AIRDROPMMO, The Merge uses two blockchains Ethereum 1.0 (using Proof of Work to mine coins) and Ethereum 2.0 (using Proof of Stake to stake ETH to generate new coins). ) Is a name that refers to the event that "merges". This is the most important milestone in Ethereum's seven-year history, providing additional solutions for expanding networks based on Proof of Stake while reducing environmental impact by eliminating minimized mining activities. You can think of it as a fulcrum for the project you are deploying.
Marge was originally scheduled to be released around June 2022. However, due to various delays, the ETH development team admitted that they were not in time for this timeline. However, with the upgrade to testnet on Ropsten Testnet and the announcement that many high-level people, including founder Vitalik Buterin, will "close the August calendar," The Merge will be available on Ethereum. increase. August. However, it emphasizes "if there are no more problems".
However, the complexity of the upgrade makes it hard to say that everything goes smoothly. Just last week, the two parts that need to be merged, the Ethereum 1.0 chain and the Ethereum 2.0 chain, crashed. In particular, the Ethereum 1.0 Ropsten testnet found a problem enabling the TTD mechanism required for merging when the Ethereum 2.0 beacon chain was switched to 7 blocks.
Nonetheless, Ethereum developers quickly identified and fixed the problem, claiming that these were all low-probability cases. ETH prices on the morning of May 31 recovered 10% after a month of continuous decline, setting a "sad record" for red candles for eight consecutive weeks.
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