Ethereum merge delayed… again.  It won't be June, but likely in the few months after. No firm date yet, but we're definitely in the final chapter of PoW on Ethereum — Tim Beiko | timbeiko.eth ???? (@TimBeiko) April 12, 2022 It appears Ethereum’s merge is delayed again. The merger is intended to transition Ethereum’s network […] The post Ethereum Merge Expected Fall 2022 Says ETH Dev appeared first on CryptosRus.

Ethereum Merge Expected Fall 2022 Says ETH Dev

Ethereum merge delayed… again. 

It appears Ethereum’s merge is delayed again. The merger is intended to transition Ethereum’s network from proof-of-work to proof of stake, and hopefully finally address the Network’s congestion and gas fee issues.

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  • In a response to a question on Twitter asking if June was still in play, Eth core dev Tim Beiko said, “It won’t be June, but likely in the few months after. No firm date yet, but we’re definitely in the final chapter of PoW on Ethereum.”
  • Based on Beiko’s vague timeline, the merge is likely to occur sometime in the fall of 2022.
  • The possible timeline push — it’s unconfirmed — comes shortly after Ethereum’s shadow fork went live. The shadow fork allows developers to test on mainnet. It had previously done testing on the testnet, Görli.
  • The long-delayed launch is taking on Cardano-like levels. The project was first announced by the Ethereum Foundation back in 2016.
  • Despite all of the issues surrounding Ethereum’s proof-of-work mining (gas prices, environmental FUD), the network is demonstrating dominance in DeFi and NFTs. 
  • Ethereum (Ticker symbol ETH) is up 20% in the last 30 days, however, it’s down 12% in the last 7 days. As of press time, ETH is trading 3k USD range.

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