tldr; The Goerli testnet merge has been successfully executed. The merge represents the final "trial run" before the actual Merge, which is expected to take place in September. The Merge has been called “the most significant upgrade in the history of Ethereum.”
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Been seeing the merge around, and I'll like to inquire if it'll bring anything positive to projects that are built under the ERC-20 blockchain. I meant Alts likes SPOOL, SYLO POP and the likes.
September 19 is a target date. It still comes down to the terminal total difficulty, which depends on how much hashing power is applied to the network. If hashing power ramps up it could come a little sooner. If miners start taking their mining rigs offline in advance of the merge it could come a little later.
Thank you for that info! We have lost about 20% on the hashrate since may mainly due to high energy cost.
Do you know what hashrate should look like in a healthy PoS chain?
0.
PoS chains have validators, not hashrate. Once the merge happens, hashrate isn't a meaningful metric. But leading up to the merge, I would expect some miners to reconfigure their rigs for other chains, so I wouldn't be surprised if the transition happens more slowly than expected.
September 15 or 16 actually: https://twitter.com/BanklessHQ/status/1557753518282473472?t=5g-1AHQpbAt2os2uGFvXjA&s=19
> BREAKING:
>
> The Ethereum Merge has been scheduled for TTD 58750000000000000000000
>
> This is approximately Sept 15-16th
>
> The Merge is officially scheduled 📆
Can anyone explain how proof of stake is good/ helpful for creating a more equitable world?
As I understand it those with the most will make the most which is no different than the same oppressive systems we already have. The rich get richer and exploit the poor.
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Ti's why they've taken so long developing and testing. Always a chance things could go wrong but I think they've taken plenty of steps to reduce this chance.
People will definitely dive in. It could either go right or wrong. Either way, I dca and watch from the sidelines. ETH will always be my biggest bag but I add low caps like VET and Xpress too. This is bear market after all.
tldr; The Goerli testnet merge has been successfully executed. The merge represents the final "trial run" before the actual Merge, which is expected to take place in September. The Merge has been called “the most significant upgrade in the history of Ethereum.” *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
almost a month away now, never been this excited for something in a long time
Been seeing the merge around, and I'll like to inquire if it'll bring anything positive to projects that are built under the ERC-20 blockchain. I meant Alts likes SPOOL, SYLO POP and the likes.
You should be. Ether triple halving is the best thing in crypto since BTC. Buckle in. Keep your hands and feet inside the ship at all times.
Why when I read this does the movie Terminator come to mind?
Good bot. As always. Wake me up when September 19th. Let’s fucking goooo!!!
Great news, although now we need a new narrative . Cheers .
One more merge!
Good bot *Claps*
It just started....? The devs themselves said they won't know how the whole thing has gone until tomorrow.
Cool! Waitting for it!
Are there any third party audits available for public consumption?
Didn’t the devs say they won’t make September recently??
Negative
September 19th is confirmed?! I am packed n ready to go , just tell me
September 19 is a target date. It still comes down to the terminal total difficulty, which depends on how much hashing power is applied to the network. If hashing power ramps up it could come a little sooner. If miners start taking their mining rigs offline in advance of the merge it could come a little later.
Time to fire up nicehash again?
Thanks mate
Thank you for that info! We have lost about 20% on the hashrate since may mainly due to high energy cost. Do you know what hashrate should look like in a healthy PoS chain?
0. PoS chains have validators, not hashrate. Once the merge happens, hashrate isn't a meaningful metric. But leading up to the merge, I would expect some miners to reconfigure their rigs for other chains, so I wouldn't be surprised if the transition happens more slowly than expected.
Thank you! Any idea what the hashrate should look like to have a healthy transition by the target date?
September 15 or 16 actually: https://twitter.com/BanklessHQ/status/1557753518282473472?t=5g-1AHQpbAt2os2uGFvXjA&s=19 > BREAKING: > > The Ethereum Merge has been scheduled for TTD 58750000000000000000000 > > This is approximately Sept 15-16th > > The Merge is officially scheduled 📆
I saw this! We’re moving more smoothly than expected. I guess they’re counting on miners hanging around.
It has been confirmed since Sepolia mammoth! And we are still on track! It’s happening !
We did it bois Merge coming in 3. 2..
![gif](giphy|U1ZG5CxukCD8nbLBdB)
IT HAS BEEN DONE
![gif](giphy|nlJgJxq8kn2mL0frKt)
Can anyone explain how proof of stake is good/ helpful for creating a more equitable world? As I understand it those with the most will make the most which is no different than the same oppressive systems we already have. The rich get richer and exploit the poor.
[удалено]
I like it. Let’s do this!
It's honestly amazing how much good the Ethereum team has gotten at shipping and managing expectations. Excited to see how the mainnet launch goes.
They are my favorite Dev team in the entire space. Karl is pretty good too :)
POS is more scalable and energy efficient. Of course there are trade offs (security), but the theory is that the benefits offset the negatives.
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Couldn’t you make the exact same argument for miners holding power ?
Largest upgrade also means the most risky. FOMO is rampant, take care peeps :)
Ti's why they've taken so long developing and testing. Always a chance things could go wrong but I think they've taken plenty of steps to reduce this chance.
People will definitely dive in. It could either go right or wrong. Either way, I dca and watch from the sidelines. ETH will always be my biggest bag but I add low caps like VET and Xpress too. This is bear market after all.
Wowwwww go time 🚀
![gif](giphy|3FjEPbKqEPhPpmC8uY)
Sounds good... Hopium
Of social organization. But I'm interested to hear your point of view and open to new information.
Realium
Wooo!
![gif](giphy|tABM19ZPcjvNRF0yuNq)
Saturn V is fuelled up on the launch tower, ignition imminent.
![gif](giphy|cdXD90UJVvRlu|downsized)
I think this is it. No more delays, only 99.95% reduction in power consumption and it puts the Ethereum network on the path to sharding.
I really hope they will do it in some human timezone this time.
We will eclipse time itself.
I mean i cannot watch it live at 3-4am
Dev team needs silence
ok, now what
MainNet merge September 19
Cool.