Ethereum Merge Now Has A Date, Price Jumps 12%

A specific deadline for the transition to proof-of-stake has been been offered by Ethereum developers who are working on implementing the merging.

Ethereum Merge Now Has A Date

The Ethereum mainnet is now scheduled to launch the merging during the week of September 19, according to a recent developer teleconference. This will happen after switching the final testnet before the merge to PoS.

The adoption of the transition has been delayed on a number of occasions. The crucial transition of the Ethereum network from proof-of-work (PoW) mining consensus to proof-of-stake is almost complete (PoS). During a conference call on Thursday, members of the Ethereum development team declared a timetable for the permanent merger.

Tim Beiko, a core Ethereum developer who oversees protocol meetings, suggested September 19 as a viable date for the merger during the conference call. The core developers did not object to the planned goal date. These professionals are giving their all to make sure the combo is successful.

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