The Ethereum network is nearing the Merge stage for a major change from Ethereum (ETH) developers offered an exact date in a conference call on Thursday.
At that meeting, Ethereum main developer Tim Beiko suggested September 19 as the initial target date for The Merge, with no objections from other key developers.
Later, Ethereum developer superphiz.eth has tweeted about The Merge’s roadmap, and it’s also clear that the proposed target date should be viewed as a roadmap rather than a deadline.
This merge timeline isn’t final, but it’s extremely exciting to see it coming together. Please regard this as a planning timeline and look out for official announcements!https://t.co/ttutBceZ21 pic.twitter.com/MY8VFOv0SI
— superphiz.eth
(@superphiz) July 14, 2022
Ethereum’s transition path to ETH 2.0 PoS started on December 1st, 2020 with the launch of the Beacon Chain, beginning Phase 0 of the transformation. While Phase 1 is slated to launch in mid-2021, it has been delayed until the first quarter of 2022 due to unfinished work and the complexity involved in code review.
At the beginning of June this year, the Sepolia testnet Beacon Chain went live. It was a place to test the merge to give Ethereum network developers valuable technical insights, and Sepolia was finally merged into the network today.July 7
The final Merge trial is scheduled to take place on the Goerli network which is scheduled for the second week of August. And after that, the official merge, scheduled for the second half of September, will become extremely important to developers.
The shift to Ethereum’s PoS network is expected to reduce power consumption by 99%, and the rollout of sharding (expected by the first quarter of 2023) will allow the network to be highly scalable. and equivalent to a centralized payment processor.
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