MultiversX Tracker is Live!

Ethereum Merge Date Set For September 19 (Tentative)

EthereumWorldNews

Cryptocoins News / EthereumWorldNews 201 Views

Summary:

  • Ethereum developers suggest that The Merge could happen on September 19.
  • The date was disclosed during a developers’ meeting this week led by Tim Beiko.
  • September 19 remains an unofficial date for the transition and the timeline could change due to variables.
  • Preston Van Loon previously hinted that The Merge could happen this summer.
  • Vitalik Buterin also echoed similar remarks during the 2022 ETH Developers Summit in Shanghai.
  • Network upgrades on testnets like Ropsten and Sepolia already went live successfully.
  • The Goerli testnet is up next before the main transition to proof of stake. 

The Merge, Ethereum’s transition from proof-of-work to proof-of-stake, could take place this September as revealed during a developers’ call on Thursday led by Tim Beiko, a core ETH engineer.

September 19 has emerged as a possible date for the much-anticipated switch to PoS, going by the discussions held during Thursday’s developer’s conference call. However, the date is still unofficial at press time, and only represents a working roadmap for The Merge.

While the September date remains tentative, the news aligns with previous comments from core ETH developer Preston Van Loon who said that The Merge might happen this summer. Van Loon was quoted suggesting the ETH’s upgrade go live between August and October 2022, as EthereumWorldNews reported.

Ethereum founder Vitalik Buterin also made complimentary remarks during the ETH summit in Shanghai earlier this year.

The price of ETH responded to the possible timeline with a hike in market price. As of press time, ETH is up over 13% and trades hands at $1,225, per data from TradingView.

Ethereum Merge Date Set For September 19 (Tentative) 15
Ethereum (ETH) Daily Chart (Source: TradingView)

Ethereum Upgrade Successfully Deployed On Ropsten And Sepolia Testnets 

Ahead of the mainnet launch of ETH 2.0, developers have simulated the transition on two key testnets dubbed Ropsten and Sepolia. Another trial on the Goerli testnet is scheduled before the switch to PoS ships to the main Ethereum network.


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments