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Home Ethereum

The Ropsten Proof-Of-Stake ‘Test Merge’ on Ethereum Has Gone Live

Annie by Annie
1 year ago
in Ethereum
Reading Time: 3 mins read
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ETH/BTC Trading Pair Rate Falls To 14-month Low

Ethereum Network Gas Fee Now Soars To Over 310 Gwei

Developers have activated the merging on the Ropsten test network in anticipation for the Ethereum merge later this year.

The Ropsten Proof-Of-Stake 'Test Merge' on Ethereum Has Gone Live
The Ropsten Proof-Of-Stake ‘Test Merge’ on Ethereum Has Gone Live

After being announced on June 3, the merger took place on Wednesday afternoon.

Ropsten’s proof-of-work and proof-of-stake beacon chains were unified by integrating their scripts into one

The Ropsten Proof-Of-Stake 'Test Merge' on Ethereum Has Gone Live
The Ropsten Proof-Of-Stake ‘Test Merge’ on Ethereum Has Gone Live

Today’s merging is crucial for ensuring that client software that uses Ethereum nodes runs smoothly. Lighthouse, Lodestar, Prysm, Teku, Besu, Erigon, go-ethereum (geth), and Nethermind were among the client software teams involved in the merger.

The Merge is a substantial change in supply / demand forces most people underestimate.

Multiple $Ms of daily sell pressure on $ETH will be replaced by buy pressure. Every day we will need new sellers to prevent the price from going… up!

Let that sink in.

More details: ???????? pic.twitter.com/f6Nym863gI

— korpi (@korpi87) June 7, 2022

The Ethereum mainnet merging, which has yet to be scheduled, will follow a similar pattern later this year. In fact, today’s event was meant to be a significant warm-up for the mainnet merging, which will see Ethereum switch from proof-of-work to proof-of-stake consensus.

“I mean of course, the merge working well for 6 hours isn’t evidence of complete success,” said Vitalik Buterin, co-founder of Ethereum, in the livestream earlier today. “There are all of these kind of longer term issues around MEV and staking centralization and protection against DOS attacks and things that could potentially bite us 3 weeks after the merge instead of 2 minutes during the process.”

In April, ten shadow forks on the main network and another merge on Kiln, a testnet, were conducted.

The complexity of today’s test is determined using a criterion known as terminal total difficulty. Once this degree of block difficulty is attained on the proof of work version, the merging is considered active. By artificially collecting hashrate, the proof-of-work version of Ropsten crossed a pre-set 50 quadrillion measure to protect the merging from any malicious activity.

Node operators had to manually configure their clients to override the Ropsten Terminal Total Difficulty for both the proof-of-stake version and proof-of-stake clients before the merging was activated.

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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Annie

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