Fun

ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD’ for The Merge

News Feed - 2022-08-12 03:08:15

ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal "Tentative Mainnet TTD" for The Merge


Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After the Ethereum network’s Total Terminal Difficulty (TTD) hits 58750000000000000000000, the chain will fully transition into a PoS blockchain after starting out as a proof-of-work (PoW) blockchain. The Merge Has a New Execution Date


Ethereum has some big changes ahead and during Consensus Layer Call #93, Ethereum developers confirmed that when the network’s TTD hits 58750000000000000000000, The Merge will be implemented. The blockchain developer and Ethereum Foundation member Tim Beiko tweeted out the TTD number following the call that was streamed on Youtube.


The news follows The Merge being successfully merged into the network’s Goerli testnet following the adaptation of Ropsten and Sepolia before Goerli. When Ethereum’s TTD tapped the 10790000, The Merge was added to the third and final testnet. While it was assumed The Merge would take place on the week of September 19, the assumption is when the TTD reaches 58750000000000000000000, The Merge will be implemented on mainnet on or around September 15 to 16.


Presently there’s still 1 petahash per second of PoW hashrate dedicated to the ETH blockchain and while some assume the hashpower will go to Ethereum Classic (ETC), an alternative PoW fork has been announced for when The Merge is implemented. It’s possible that the hashrate is split into two factions with one supporting ETC and the other proposed PoW Ethereum network called ETHW.



Of course, Beiko’s tweet and the number 58750000000000000000000 started trending on social media on Thursday as people are pleased to know that a date is set. An Ethereum upgrade called Bellatrix will take place on or around September 6, and following that change, The Merge is expected to finally go live. Tim Beiko has added “Tentative mainnet TTD #585” to the blockchain’s Github repo and Ethereum developers are expected to convene for a meeting on August 18, 2022. Tags in this story 58750000000000000000000, crypto assets, Dmitry Buterin, ETH Devs, ETH PoS, Ethereum, Ethereum (ETH), Ethereum Developers, Ethereum PoW fork, ETHW, github, Goerli testnet, Goerli testnet The Merge, PoS Ethereum, PoS upgrade, PoW, Proof of Work, Proof-of-Stake, Pseudotheos, Tentative mainnet TTD #585, Terminal Total Difficulty, Tether, The Merge, Tim Beiko, TTD, Variant, Vitalik Buterin


What do you think about The Merge being implemented on or around September 15th to 16th? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today. WEF"s Great Reset Agenda Continues to Get Significant Pushback From Critics NEWS | 3 hours ago Ethereum’s Goerli Testnet Implements The Merge, ETH Price Jumps 74% Higher During the Past 30 Days NEWS | 7 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, Editorial photo credit: AdriaVidal / Shutterstock.com Previous article20000% in One Minute on Play to Earn Game Tothesmart Next articleDecentWorld Launches the First 3D City Environment – Downtown Dubai Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItNFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales


Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms

News Feed

Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts
Este artículo también está disponible en español. Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. acc
Leading Mexican Retailer Grupo Elektra Accepts Bitcoin
Leading Mexican Retailer Grupo Elektra Accepts Bitcoin Mexico’s Grupo Elektra, a leading retailer in Latin America, is accepting bitcoin for payments. The chain belongs to c
IRS releases draft of 2025 digital asset reporting form for US taxpayers
Derek Andersen2 hours agoIRS releases draft of 2025 digital asset reporting form for US taxpayersThe U.S. Internal Revenue Service has been grappling with crypto tax reporting for years, and they may have a ways to go st
Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason
Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason Just recently, coinjournal.net published a report that shows the number o
Amaka Nwaokocha47 minutes agoGoogle’s Bard overcomes EU hurdles, expands territories and capabilitiesThe new features include hearing spoken responses, uploading images for prompts and utilizing the AI tool to analyze
Only Donald Trump can save crypto from Joe Biden
J.W. Verret4 hours agoOnly Donald Trump can save crypto from Joe BidenJoe Biden’s administration has done everything possible to destroy the crypto industry. That gives crypto advocates just one choice in the 2024 elec
Bexplus Is a Crypto Exchange With Unique Copy Trading and Demo Account You Can Trust
Bexplus Is a Crypto Exchange With Unique Copy Trading and Demo Account You Can Trust press release PRESS RELEASE.Bexplus Exchange is a leading crypto derivatives trading platform of
Bitcoin shows 'signs of exhaustion' as Q1 BTC price gains near 70%
William Suberg17 minutes agoBitcoin shows "signs of exhaustion" as Q1 BTC price gains near 70%While there are reasons to be "very bullish" on Q2, the sheer speed of the Bitcoin and crypto bull market may be cau
Ethereum price holds $3.1K as ETH futures open interest nears an all-time high
Marcel Pechman4 hours agoEthereum price holds $3.1K as ETH futures open interest nears an all-time highEthereum futures open interest soars to $10.6 billion as investor excitement for a spot ETH ETF approval increases.37
Ciphertrace Files 2 Patents for Systems to Identify Criminal Monero Transactions
Ciphertrace Files 2 Patents for Systems to Identify Criminal Monero Transactions Cryptocurrency intelligence firm Ciphertrace has filed two patent applications f
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
Traders Flock to Tether, USDC, PAX - Stablecoins See Great Demand After Crypto Market Havoc Stablecoins have seen massive volume and growth this month especially after the market
Bitcoin investment fund opens doors to EU citizenship
Ezra Reguerra11 hours agoBitcoin investment fund opens doors to EU citizenshipA new fund offers a way to gain citizenship in Portugal by indirectly investing over $500,000 into Bitcoin.3407 Total views4 Total sharesListe