Fat Pig Signals logo

Ethereum Developer Reveals Timeline for Final Testnet "Merge" Upgrade

Shares

In a tweet, Ethereum developer Tim Beiko shares the expected timeline for the Goerli proof-of-stake transition. Also, in a blog post shared alongside the tweet, the team notes that after numerous devnets, shadow forks and merges on deprecated testnets, Goerli and its accompanying Beacon Chain, Prater, are the only remaining testnets to undergo the "Merge."

In this case, Goerli and Prater will merge, but the resulting network will continue to be known as "Goerli" after the Merge. There are two ways in which the Merge differs from earlier Ethereum updates. The consensus layer (CL) and execution layer (EL) clients of node operators must first be simultaneously updated, rather than only one of the two. Second, the upgrade is activated in two stages:

Bellatrix, which occurs at an epoch height on the Beacon Chain, and Paris, which occurs when the execution layer reaches a Total-Difficulty value. On Aug. 4, 2022, at 12:24 p.m. UTC, the Bellatrix update is slated for epoch 112260. Paris, on the other hand, will be triggered by reaching a specified Terminal Total Difficulty (TTD) on Goerli, anticipated to occur between Aug. 6 and Aug. 12, 2022.

Once the execution layer has exceeded the TTD, the next block will be solely produced by a Beacon Chain validator. The Merge would be completed once the Beacon Chain has finalized this block. This should occur in two epochs, or roughly 13 minutes, after the first post-TTD block is met, assuming normal network circumstances.


Read more on U.Today https://u.today/ethereum-developer-reveals-timeline-for-final-testnet-merge-upgrade

Shares

Related Articles

Exploring Tether's Strategic Investment in Fizen for Enhanced Global Stablecoin Adoption

Tether's Strategic Investment in Fizen: A Leap Towards Enhanced Global Stablecoin Adoption In a significant move to revolutionize global stablecoin payments and broaden cryptocurrency accessibility, Tether, the issuer of the widely-used stablecoin USDT, has taken a strategic step by investing in Fizen Limited. This investment aims to bolster the adoption of stablecoins and enhance self-custody […]
Polkadot hack

“DeFi Hub of Polkadot” Suffers Major Hack

Acala, the decentralized hub of the Polkadot network, has suffered a major security breach, which promoted it to pass an urgent vote to pause operations. The project’s team is currently working on investigating and mitigating the issue. The hack was allegedly caused by a bug in the iBTC/AUSD pool. The security vulnerability allowed the attacker […]
Bitcoin’s Market Share Declines

Bitcoin’s Market Share Declines: Is Altcoin Season Coming?

Bitcoin's market dominance is waning, and altcoins are gaining momentum. Learn how to profit from the upcoming altcoin season with expert insights and tips from Fat Pig Signals.
PHISHING WARNING: Please make sure you’re visiting https://www.fatpigsignals.com. There has been an increasing amount of scammers and Impersonators. Please verify the handles carefully as well. Admins will never contact you selling investment products or a fund.
Official Admin Contacts: https://t.me/dad10 and https://t.me/gangplank123
+