Official! Merge Ethereum to be Held September 6, 2022
This Ethereum merge update has been long awaited, as it is thought that it will bring a big boost to the network, by switching consensus to proof-of-stake (PoS).
It also eliminates the carbon emissions that are usually generated from proof-of-work mining, so it will be an environmentally friendly network.
Scalability is also an aspect that has improved from the merge update, making the network more competitive among other major networks such as Solana, Cardano and Avalanche.
According to the Block report, September 6, 2022 has become the official date for the Ethereum merger. Be the answer for many supporters who are waiting for the official schedule of it.
Later, the merger will be split into two upgrades, Bellatrix and Paris.
On that date, the upgrade that was deployed was the Bellatrix upgrade. Meanwhile, the Paris upgrade will take place between September 10 and 20.
In an official Ethereum Foundation post, clients and developers have been asked to download the necessary upgrades, before the Bellatrix upgrade is rolled out.
For your information, proof-of-stake consensus will bring a new way of validating the Ethereum network, namely by locking a number of ETH coins as proof of trust in the network.
Meanwhile, one of Ethereum's competitors, Cardano, has been trying to recover from the problems plaguing the network, which it is wary of hampering Vasil's hard fork process.
A few days ago, the price of the Cardano coin, ADA, had fallen 14 percent due to the issue. However, in the longer term some observers still see the growth potential of Cardano due to the prowess of its network.
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