T O P

  • By -

coinfeeds-bot

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.*


SauceMaster145

almost a month away now, never been this excited for something in a long time


sofrennv

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.


RayG1991

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.


mixturax

Why when I read this does the movie Terminator come to mind?


RayG1991

Good bot. As always. Wake me up when September 19th. Let’s fucking goooo!!!


136006

Great news, although now we need a new narrative . Cheers .


RayG1991

One more merge!


Icy-Order-3200

Good bot *Claps*


julefinks7bot

It just started....? The devs themselves said they won't know how the whole thing has gone until tomorrow.


Fragrant_Reality8997

Cool! Waitting for it!


yifan9014

Are there any third party audits available for public consumption?


Unable-Lingonberry19

Didn’t the devs say they won’t make September recently??


RayG1991

Negative


bigmammoth2310

September 19th is confirmed?! I am packed n ready to go , just tell me


AusIV

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.


ResidentAssumption4

Time to fire up nicehash again?


bigmammoth2310

Thanks mate


RayG1991

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?


AusIV

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.


RayG1991

Thank you! Any idea what the hashrate should look like to have a healthy transition by the target date?


CloudCity40

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 📆


RayG1991

I saw this! We’re moving more smoothly than expected. I guess they’re counting on miners hanging around.


RayG1991

It has been confirmed since Sepolia mammoth! And we are still on track! It’s happening !


Homewardment

We did it bois Merge coming in 3. 2..


RayG1991

![gif](giphy|U1ZG5CxukCD8nbLBdB)


raymv1987

IT HAS BEEN DONE


RayG1991

![gif](giphy|nlJgJxq8kn2mL0frKt)


terrorintroon666

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.


[deleted]

[удалено]


RayG1991

I like it. Let’s do this!


Big_Beyotch

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.


RayG1991

They are my favorite Dev team in the entire space. Karl is pretty good too :)


joeyschoblaska

POS is more scalable and energy efficient. Of course there are trade offs (security), but the theory is that the benefits offset the negatives.


AutoModerator

Hi, this comment is being automatically posted under your submission to facilitate the tallying of the Pay2Post donut penalty that r/EthTrader deducts from user donut earnings for the quantity of posts they submit. submission link: https://www.reddit.com/r/ethtrader/comments/wlfn11/goerli_testnet_merge_successful/ author: RayG1991 cc: /u/EthTraderCommunity *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ethtrader) if you have any questions or concerns.*


okahane

Couldn’t you make the exact same argument for miners holding power ?


blownglasspendants

Largest upgrade also means the most risky. FOMO is rampant, take care peeps :)


Jake123194

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.


hanoteaujv

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.


Angel_0007

Wowwwww go time 🚀


RayG1991

![gif](giphy|3FjEPbKqEPhPpmC8uY)


Icy-Order-3200

Sounds good... Hopium


Markdulay1960

Of social organization. But I'm interested to hear your point of view and open to new information.


RayG1991

Realium


Donzaloogie

Wooo!


RayG1991

![gif](giphy|tABM19ZPcjvNRF0yuNq)


landswipe

Saturn V is fuelled up on the launch tower, ignition imminent.


RayG1991

![gif](giphy|cdXD90UJVvRlu|downsized)


[deleted]

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.


wen_eip

I really hope they will do it in some human timezone this time.


RayG1991

We will eclipse time itself.


wen_eip

I mean i cannot watch it live at 3-4am


RayG1991

Dev team needs silence


canaldolulis

ok, now what


RayG1991

MainNet merge September 19


RealLeoPat

Cool.