Ethereum’s Developers Approved A New Date For the Network’s Transition To PoS

Ethereum’s lead developers have tentatively approved September 19, 2022, as the date for the blockchain migration to the Proof-of-Stake (PoS) consensus algorithm.

But the exact transition date will depend on the success of the Goerli testnet, scheduled for August 11th. Bellatrix is ​​also scheduled to be upgraded two weeks before The Merge.

The Ethereum team has already managed to implement the ninth shadow hard fork on the mainnet.

Testing is underway to block the MEV feature, which allows PoW miners to earn additional income by reordering transactions.

The developers noted that the fork took place ahead of schedule due to an incorrect definition of the cumulative network complexity (TTD). In addition, some clients were out of sync during the upgrade process. These software issues are expected to be fixed within the next month.

In May, team representatives announced that The Merge would take place in August 2022. And the co-founder of Ethereum, Vitalik Buterin, although he believed that this period was real, admitted that the event could be postponed to September-October 2022.

On June 30, as a result of the Gray Glacier hard fork, the implementation of the “complexity bomb”, which developers consider the main “problem point” in rebuilding the network, was postponed by 700,000 blocks, or approximately at the beginning of October.

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