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.

Ethereum Could Face At Least 5 Issues During The Next Merge Update

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

Ethereum Could Face At Least 5 Issues During The Next Merge Update

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.

Source: CoinCu

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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