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Ethereum switches to PoS after successfully completing the Merge
Ethereum (ETH) has migrated to a proof-of-stake network after the blockchain reached a terminal total difficulty of 58,750,000,000T at 06:43 UTC. Ethereum co-founder Vitalik Buterin tweeted that the Merge was a “big moment for the Ethereum ecosystem,” praising everyone who helped make it happen. And we finalized! Happy merge all. This is a big moment…
Ravencoin price, hashrate spike as Merge draws closer
Ravencoin (RVN) has seen its price rise over 13% in the last 24 hours to $0.06359, capping a bullish week for the token. On the seven days metrics, the proof-of-work (PoW) token spiked by almost 70% –surging from less than $0.045 to as high as $0.072– according to CryptoSlate data. Source: TradingView (CryptoSlate) Meanwhile, Ravencoin’s…
Ethereum Merge is 34k blocks away, expected to happen Sept. 14
The highly anticipated Ethereum (ETH) Merge is set to happen on Sept. 14 by 9 p.m. UTC, according to the Ultrasound Money tracker. The tracker estimated that the highly anticipated merge is 34,000 blocks away. The merge is set to happen at a terminal total difficulty level of 58,750,000,000T, while the latest block difficulty stands…
Ethereum Foundation confirms merge will happen Sep. 10 – 20
Ethereum (ETH) Foundation has confirmed that the mainnet migration to a proof-of-stake network will be triggered at a Terminal Total Difficulty (TTD) of 58750000000000000000000, scheduled to happen between Sept. 10 to Sept. 20. According to the Aug. 24 blog post, the first step towards the migration is the Bellatrix upgrade scheduled for 11:34 UTC on…
Developers find bugs in 2 Ethereum clients’ mainnet merge updates
Two Ethereum clients, Nethermind and Go Ethereum, have discovered bugs in their mainnet merge updates. Ethereum developer Péter Szilágyi first noticed the bugs and announced via Twitter that Geth 1.10.22 — Promavess — contains a regression. Aaand our latest release is borked. 😕 Geth 1.10.22 contains a regression that causes the trie/state to go bad….
Ethereum spikes 12% following completion of Goerli testnet merge
Ethereum’s (ETH) Goerli testnet completed its merge with the proof-of-stake consensus mechanism in the early hours of August 11. The Goerli testnet has been successfully merged and is now a full Proof of Stake chain. Next up is (finally) the Ethereum mainnet!! The Merge is coming 🐼 — sassal.eth 🦇🔊🐼 (@sassal0x) August 11, 2022 Goerli…
Ethereum 2.0 draws closer, Goerli testnet merge slated for August
Ethereum’s (ETH) tenth shadow fork went live on July 26 at 11:45 UTC bringing the network closer to its transition to a proof-of-stake (PoS) consensus mechanism. Ethereum’s tenth shadow fork is live The shadow fork went live 26 hours ahead of schedule with no significant glitches reported and sets the stage for the Goerli testnet…
Ethereum developers pick September 19 for Merge
Ethereum (ETH) developers picked a mid-September target for when the Merge will happen during a conference call on July 14. The developers discussed the steps needed before the Merge could happen, and Tim Beiko, who organized the meeting, recommended September 19. This merge timeline isn’t final, but it’s extremely exciting to see it coming together. Please…
Only 17% of Ethereum stakers are in profit as validator deposits decline
83% of Ethereum (ETH) stakers are underwater as the digital asset continues to trade at around $1000, Glassnode reported on July 6. Source: Glassnode Parsec Finance founder Will Sheehan first revealed this on Twitter on July 1 with a chart that showed only 17% of Ethereum validators were in profit. ETH stakers by entry price…