Ethereum Merge could delay beyond Q2, says ETH developer

Ethereum Merge could delay beyond Q2, says ETH developer
фото показано с : coinjournal.net

2022-4-14 20:48

Ethereum Foundation developer Tim Beiko has hinted at a potential further delay to the Ethereum’s final switch to the much anticipated proof-of-stake mechanism.

The ‘Ethereum Merge’, it appears, will now take place “a few months” after June, yet another delay that pushes the Ethereum 2.0 upgrade beyond Q2 2022.

Beiko, who believes Ethereum miners should not be investing in new mining equipment at the moment, hinted at the delay early Wednesday morning.

“It won’t be June, but likely in the few months after. No firm date yet, but we’re definitely in the final chapter of PoW on Ethereum” he noted.

What’s the Ethereum Merge?

On 1 December 2020, Ethereum’s Beacon chain went live, introducing the proof-of-stake consensus mechanism to the Ethereum network.  It marked a new milestone in the ETH ecosystem’s push to transition from energy-intensive PoW mining.

But the Beacon chain runs parallel to the Ethereum Mainnet, which continues to use mining to secure the network.

The Merge is set to see the Mainnet and the Beacon chain become one, with mining being dropped wholly for staking as a way of securing the network. The “merge” is also eyed as the predecessor of shard chains, a key milestone in the quest for scalability, security and sustainability.

This is critical to Ethereum as it looks to secure even more value for society. The blockchain network currently anchors the most decentralised finance (DeFi) projects and non-fungible tokens (NFTs) among other applications.

 The merge was projected for the second quarter, according to an upgrades page on the same.

The post Ethereum Merge could delay beyond Q2, says ETH developer appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2864.9 (+1.05%)
Объем 24H $33.91b
Изменеия 24h: 7.90 %, 7d: 12.18 %
Cегодня L: $2686.36 - H: $2875.54
Капитализация $344.99b Rank 2
Цена в час новости $ 3139.38 (-8.74%)

ethereum delay developer could merge eth beyond

Источник: coinjournal.net

ethereum delay → Результатов: 110


Фото:

$500 Ethereum Price Back In Play, Says Analyst – Despite Growing Fear of Ethereum 2.0 Delay

Ethereum has for weeks now remained in a tight range. Where investors once profited from volatile price action every now and then, they have had to contend with marginal changes. Because of this, most traders have moved to other more action-ready coins such as Cardano’s ADA, Stellar’s XLM, and Chainlink’s Link. But could it be poised […]

2020-7-20 14:08


Is Everyone Prepared for Ethereum’s January 1 Hard Fork?

Ethereum (ETH) has chosen the year’s most inactive day to perform a hard fork. On January 1, the Muir Glacier hard fork, as it is known, is supposed to once again delay the difficulty time bomb. Difficulty Diffusion Simply Forgotten During Istanbul Hard Fork The reason for choosing that date is ignominious, as the developer team apparently forgot to diffuse the difficulty creep during the Istanbul hard fork just a couple of weeks prior.

2019-12-29 20:31


Фото:

North Korean dissidents raise $14K with 100th ‘post-liberation visa’ on Ethereum blockchain

North Korean crypto-revolutionary crew Civil Cheollioma Defense (CCD) has issued its 100th “post-liberation blockchain visa” via the Ethereum blockchain. The group says it has been selling its tokenized visas (G-Visas) since Monday morning, after it claimed it necessary to delay sale for roughly 12 hours due to high demand.

2019-3-27 14:32


дальше еще 61 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Откуда у Хоскинсона столько денег?

Основатель Cardano Чарльз Хоскинсон удивил всех новым признанием: оказывается, он потратил $450 млн из своих личных средств на развитие экосистемы Cardano. Хоскинсон создавал Cardano с нуля с 2017 года, и даже сейчас, несмотря на скептицизм и критику, продолжает инвестировать в свой проект.