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

Commerzbank Expands into Crypto Trading: What It Means for Germany's Corporate Sector

Commerzbank Expands into Crypto Trading: What It Means for Germany's Corporate Sector Commerzbank, one of Germany's leading banking institutions, is making a significant leap into the digital finance world. Recent announcements reveal that the bank has partnered with Crypto Finance, a subsidiary of Deutsche Boerse, to offer trading services for digital assets. This initiative will […]

Kraken's New Status in Canada: A Turning Point for Crypto

Kraken's Restricted Dealer Status in Canada: A New Era for Crypto The cryptocurrency landscape in Canada is witnessing a significant shift as Kraken, a global leader in digital asset trading, secures its status as a restricted dealer. This development is not just a milestone for Kraken but represents a pivotal moment for the wider crypto […]

Understanding BlackRock's Massive BTC Inflows and Their Impact

Understanding BlackRock's Massive BTC Inflows and Their Impact Bitcoin’s relationship with institutional investors has marked one of the most transformative trends in the financial world over recent years. Among the front-runners of this institutional wave is the investment giant BlackRock, which recently recorded a significant milestone with its spot Bitcoin Exchange Traded Fund (ETF), known […]
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
+