Ethereum Could Face At Least 5 Issues During The Next Merge Update
According to the testnet Merge that we observed lately, Ethereum’s merge with the Beacon chain should go off without a hitch for users. Despite the fact that there have been no major network outages or difficulties, the mainnet update may not run as well as planned.
According to validators’ data, about 14% of all validators had downtime during the transfer, which should not be an issue for mainnet transactions. The majority of validators experienced a problem with the nimbus-team configs, which was resolved after the relaunch.
The remaining 5% experienced minor flaws that caused downtime and were resolved by simply rebooting the node.
Developers discovered that just 9% of operators would suffer challenges and configuration concerns during the mainnet changeover by projecting issues. Only a small percentage of all stakes on the network would be affected by two minor flaws discovered during the testnet switch.
If Ethereum encounters the same challenges during the Merge with the main network, the transitions should be regarded as remarkable given the network’s size and the quantity of operations taking place within it.
Traders and investors don’t believe the smooth transition of the largest Ethereum testnet
We have yet to see how the market reacts when the genuine Merge occurs, but analysts do not expect anything out of the norm from the update because the majority of investors and traders have already priced it in, unless something unexpected happens.
Ethereum is currently trading at $1,772, having lost 1,7% of its value in the last 24 hours, according CoinCu data.
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
Annie
CoinCu News
Author
Ethereum
Ethereum Could Face At Least 5 Issues During The Next Merge Update
According to the testnet Merge that we observed lately, Ethereum’s merge with the Beacon chain should go off without a hitch for users. Despite the fact that there have been no major network outages or difficulties, the mainnet update may not run as well as planned.
According to validators’ data, about 14% of all validators had downtime during the transfer, which should not be an issue for mainnet transactions. The majority of validators experienced a problem with the nimbus-team configs, which was resolved after the relaunch.
The remaining 5% experienced minor flaws that caused downtime and were resolved by simply rebooting the node.
Developers discovered that just 9% of operators would suffer challenges and configuration concerns during the mainnet changeover by projecting issues. Only a small percentage of all stakes on the network would be affected by two minor flaws discovered during the testnet switch.
If Ethereum encounters the same challenges during the Merge with the main network, the transitions should be regarded as remarkable given the network’s size and the quantity of operations taking place within it.
Traders and investors don’t believe the smooth transition of the largest Ethereum testnet
We have yet to see how the market reacts when the genuine Merge occurs, but analysts do not expect anything out of the norm from the update because the majority of investors and traders have already priced it in, unless something unexpected happens.
Ethereum is currently trading at $1,772, having lost 1,7% of its value in the last 24 hours, according CoinCu data.
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
Annie
CoinCu News
Other Posts
Latest
Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments
Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts
Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets
Press Release
Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments
Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets
