Ethereum

Before Bellatrix Upgrade Still 26.5% Ethereum Nodes Not Ready The Merge

Up to 73.5% of Ethereum nodes are currently marked as “Ready to merge” prior to the Bellatrix upgrade for Ethereum on September 6. Developers are working hard to push 26.5% of the remaining node operators updates their clients.

According to data from Ethernodes, up to 73.5% of Ethereum nodes are currently designated as “Merge ready” in advance of the planned Bellatrix upgrade for Ethereum on September 6.

Source: Ethernode

One of the final requirements before the official Merge, which will see Ethereum switch to a proof-of-stake consensus mechanism between September 10 and 20, is the Bellatrix upgrade. According to the Ethereum Foundation, Ethereum node operators must update their consensus layer clients before epoch 144896 on the Beacon Chain, which is slated to occur at 11:34:47 UTC on September 6, 2022, in order to be Merge ready.

However, with up to 26.7% of nodes flagged as “Not-Ready” for the Ethereum Merge, Vitalik Buterin, the co-founder of Ethereum, and Tim Beiko, a key developer, have gone to Twitter to push the remaining node operators updates to their clients.

According to the Ethereum Foundation, node operators that don’t make the update prior to the Bellatrix upgrade will cause the Ethereum clients to “sync to the pre-fork blockchain,” warning

“[Node operators] will be stuck on an incompatible chain following old rules and will be unable to send Ether or operate on the post-Merge Ethereum network.”

According to Ethernodes, most of the “Not-Ready” nodes are found on the geth client, who have yet to upgrade to Geth v1.10.23 or higher. Other Ethereum clients that require updating include Erigon, Besu, and Nethermind.

Following the Bellatrix upgrade, the last part of the Ethereum Merge will occur in what is called the “Paris event,” which will be triggered when the Terminal Total Difficulty (TTD) reaches 58750000000000000000000, which is estimated to occur around Sept 15.

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.

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