Ethereum’s third and final Testnet merge goes live on Goerli

Ethereum’s mainnet Merge with the proof-of-stake Beacon Chain should happen sometime next month.

The third and final test environment network (testnet) merge before the Ethereum blockchain makes its long-awaited move to proof-of-stake from proof-of-work has successfully been completed.

  • Goerli was the last of three public testnets to run through a “dress rehearsal” of the Merge. After this, the mainnet Merge is expected to occur sometime at the end of September.

  • The network transitioned to proof-of-stake (PoS) when the Terminal Total Difficulty (TTD) exceeded 10,790,000. That occurred around 1:45 UTC.

  • On July 27, Ethereum announced the Bellatrix upgrade to Goerli’s beacon chain, Prater, in preparation for the testnet merge. After the Bellatrix beacon chain was activated on August 4, all that was left was for it to merge with Goerli, so it the testnet could continue to run on the PoS chain.

  • The testnet merge takes the project one step closer to Ethereum's mainnet upgrade later this year. The two previous testnet merges, Ropsten and Sepolia, were largely successful as well, heightening Ethereum community confidence that the actual Merge should be able to happen this year.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.