Last trial run – On the night of Wednesday to Thursday, the testnet network ofEthereum has successfully undergone the general rehearsal of a major premiere expected for September: the Merge. This operation, as expected as it was feared, appears to have gone as well as possible, under the watchful eye of an army of developers.
The Merge lands on the Goerli testnet
It has now been several years since the network Ethereum must do his transition from Proof of Work to Proof of Stake. However, before rushing things to the mainnet, the developers are testing this transition on testnets.
So far, this transition has been proven on no less than 24 different networks. Thus, The Merge has been deployed on 4 Goerli shadow forks, 8 mainnet shadow forks and 6 Devnet. It has also been deployed on the specific test networks Rayonism, Amphora, Kintsugi and Kiln. Finally, over the last few months, The Merge has been deployed on 2 historic Ethereum testnets: Ropsten and sepolia.
Now, the developers have performed a fifteenth dress rehearsal of this historic event.
The event took place around 2 a.m. French time and saw the testnets Goerly and Prater merge, simulating on a real scale the transition of Ethereum from a mechanism in Proof of Work (PoW, like Bitcoin) to another called in Proof of Stake (PoS).
A deployment without major hitches
Shortly after the Merge took place on the Ethereum testnet, the developers announced that it had taken place successfully.
However, some minor issues were still encountered. Indeed, a perfect fusion is composed of two factors:
- The block finalization;
- A rate of participation greater than ⅔ validators.
Two factors that were brought together during the merger on Goerli. Despite this, a slight drop in attendance was recorded in the minutes following The Merge. According to the first theories, it seems that one of the customers has encountered a problem. Fortunately, this did not negatively impact the rest of the process.
“Of course the turnout dropped and it looks like there was a problem with one of the customers. Despite this, the merger worked. We will likely see minor issues like this with the mainnet upgrade.”
Christine Kim- Twitter.
Next stop: the mainnet
The deployment of The Merge on the Goerli network marks the end of the tests relating to The Merge on testnets.
Indeed, developers must now set a timeline for rolling out the update to the Ethereum mainnet. This will likely be done during the 93rd Consensus Layer Call, which will take place today at 4 p.m.
From what we know at the moment, the merger could take place on September 19as previously announced by some developers.
Whether we love Ethereum, or just see it as a futile competitor to Bitcoin, everyone agrees that the impending The Merge is a historic event. The debates are raging within the crypto community about its true implications and issues. In the meantime, the founder of Ethereum Vitalik Buterin recently shared his convictions on the future of his creation. And, to say the least, is that the person concerned is optimistic.
In August 2022, it’s hard not to see the potential of Ethereum for the future, both from a technological and an economic point of view. To recover and exchange your first ethers, Le Journal du Coin recommends the FTX reference platform. This registration commercial link will also offer you a lifetime discount on your transaction fees.