The Merge
Ethereum fork a success as Sepolia testnet gears up to trial the Merge
The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko. The Sepolia testnet is also set to run through its Merge trial over the next few days and is the second last testnet to go through the trial before the official Merge. According to Etherscan, the Gray Glacier hard fork was initiated on block number 15050000 at roughly 6:54 am ET, June 30. The hard fork will now delay the difficulty bomb by roughly 700,000 blocks or 100 days, giving devs until mid-October to complete the long-awaited Merge. Ethereum Foundation community manager Tim Beiko promptly went to note on Twitter later that day that at 20 blocks past the fork, all monitored notes remained in sync, st...
Ethereum difficulty bomb delayed but network adoption still growing
Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain. They set the delay to two months in order to “be sure that we sanity check all the numbers before selecting an exact delay and deployment time” according to core developer Tim Beiko in a June 11 tweet. In short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an exact delay and deployment time, but we are aiming for a ~2 month delay, and for the upgrade to go live late June. — Tim Beiko | timbeiko.eth (@TimBeiko) June 10, 2022 The difficulty bomb will be a measure to disincentivize ETH mining operations from keeping their physical mining devices run...
Brandt’s bearish ETH call — But community predicts $3K before Merge
Veteran futures trader Peter Brandt has suggested that the price of Ether (ETH) could drop to as low as $1,268 in the coming month, but the consensus view of 15,500 members of the CoinMarketCap community is that the price will have hit roughly $3,131 by June 30. The Ethereum network is now in the final steps of its long-awaited Merge with the Beacon Chain and transition to proof-of-stake (PoS), with developers confirming on Wednesday that they successfully completed the Ropsten testnet merge. The Ropsten testnet has now been merged! What a historic and thrilling day for the Ethereum community and what a thrilling day for Next up, 2 more public testnet merges and then mainnet The Merge is coming — sassal.eth (@sassal0x) June 8, 2022 While the timeframe has often been subject to delays, the ...
Ropsten Ethereum testnet ready for Merge ‘first dress rehearsal’
The Ropsten testnet on the Ethereum network is ready to set the stage for the “first dress rehearsal” of the Merge to adopt the Proof-of-Stake (PoS) consensus mechanism. Core Ethereum developer Tim Beiko announced on May 31 that a new Beacon Chain for Ropsten has been launched. It will serve as the precursor for the final test Merge, which is expected to be “around June 8th.” Ropsten Merge Announcement Ethereum’s longest lived PoW testnet is moving to Proof of Stake! A new beacon chain has been launched today, and The Merge is expected around June 8th on the network. Node Operators: this is the first dress rehearsalhttps://t.co/0fDHObLOmn — Tim Beiko | timbeiko.eth (@TimBeiko) May 30, 2022 The Ropsten testnet is one of many testing grounds for Ethereum clients. It mimics aspects of t...
Ethereum Beacon Chain experiences 7 block reorg: What’s going on?
Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According to data from Beacon Scan, on May 25 seven blocks from number 3,887,075 to 3,887,081 were knocked out of the Beacon Chain between 08:55:23 to 08:56:35 AM UTC. The term reorg refers to an event in which a block that was part of the canonical chain, such as the Beacon Chain, gets knocked off the chain due to a competing block beating it out. It can be the result of a malicious attack from a miner with high resources or a bug. Such incidents see the chain unintentionally fork or duplicate. On this occasion, developers believe that the issue is due to circumstance rather than something serious such as a security issue or fundamental flaw, with a “p...
OpenEthereum support ends with the Merge fast approaching
One of the most popular Ethereum (ETH) clients, OpenEthereum has ended support for its software in preparation for the upcoming Ethereum Merge. OpenEthereum creates “clients” or software used to interact with the Ethereum network allowing anyone to create an Ethereum node to mine the cryptocurrency which is currently using a proof-of-work (PoW) consensus mechanism. In a Twitter thread the OpenEthereum team explained that with the Merge approaching and the legacy codebase becoming “increasingly difficult to manage” due to its age that it was the right time to end support. OpenEthereum support has officially ended. The repo is now archived, and all maintenance and updates have stopped. Why? And what next? Read the — OpenEthereum is Deprecated (@OpenEthereumOrg) May 24, 2022 The project was f...
Core Ethereum developer details changes to expect after the Merge
Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for applicatio and protocol developers on Ethereum. For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. He tweeted on May 24 “Run stuff, if something is unclear or broken, leave a comment.” Yes! Run stuff, if something is unclear or broken, leave a comment, as you probably aren’t the only one with that issue User PoV guides, how-go’s, etc. are always super useful, too! https://t.co/tyWqgVBSuc — Tim Beiko | timbeiko.eth (@TimBeiko) May 23, 2022 Beiko urged users and developers to “pay attention and make sure you are ready” for the Merge. The Merge is the highly complex and long-awaite...
Cloudflare to run Ethereum node experiment to help ‘build a better internet’
Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cyber security firm Cloudflare is set to launch and fully stake Ethereum validator nodes over the next few months. It aims to study energy efficiency, consistency management, and network speed of the PoS network as part of its commitment to environmental sustainability and to help “build a better internet.” Cloudflare was founded in 2010 and provides web security services such as distributed denial-of-service (DDoS) mitigation to protect clients from DDoS attacks. Cloudflare said it was experimenting with the “next generation of Web3 networks that are embracing proof of stake,” with Ethereum being the first in line for the company. At this stage, it appears the Merge and transition to a PoS consensus mechani...
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