The Merge May Come Sooner Than Expected

Ethereum’s long-awaited upgrade — called “The Merge” — could happen sooner than expected, on September 15 or 16, according to a prominent blockchain community member.

The upgrade, which will complete Ethereum’s move to a proof-of-stake consensus mechanism, was initially scheduled to happen around September 19.

But Anthony Sassano, an independent “Ethereum educator” who co-founded the Ethereum research website EthHub, said on Twitter on Thursday:

He added that today’s news came from a video conference with core Ethereum developers. “The Merge is coming,” he wrote.

Accordingly, the Bellatrix upgrade, which prepares the Ethereum 2.0 Beacon Chain, will be implemented on September 6. Next, Bellatrix will merge with the existing Ethereum chain through the Paris upgrade at TTD 58750000000000000000000, which is expected to happen around September 15-16.

However, these dates are estimates based on current blockchain data and may change based on fluctuations in hashrate or network block time. The development team will publish technical details on this most important upgrade in Ethereum history in writing on August 23.

ETH price is extending a series of days of recovery thanks to The Merge momentum, reaching a peak of $1,942 on August 11. At the time of writing, ETH is trading at $1870.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News