On Wednesday, July 6, Ethereum developers successfully conducted The Merge on the Sepolia testnet, taking the Ethereum network a step further to the Proof-of-Stake (PoS) network.
The news brought some cheer to Ether (ETH) investors as the ETH price has jumped 5% in the last 24 hours and is currently trading at $1,170. The world’s second-largest cryptocurrency has been under major selling pressure earlier this week.
However, this positive development is certainly reigniting hopes for investors. During yesterday’s event, Sepolia’s proof-of-work chain aka the execution layer merged with the proof-of-stake beacon chain aka the consensus layer.
Ethereum educator Anthony Sassano confirmed the success of The Merge on the Sepolia testnet. He added that it also paves the way to implement The Merge on the Goerli testnet. On his Twitter timeline, Sassal geschriwwen:
Thanks to everyone who watched the Sepolia merge livestream!! The Sepolia merge transition went through successfully (and the chain finalized!) so now it’s time for monitoring over the next few days. Then we merge Goerli… …then mainnet. The Merge is coming.
No Delay In the Mainnet Merge
The development of Ethereum 2.0 transition to a Proof-of-Stake mechanism has seen partial delays in the past. Currently, the Ethereum mainnet transition is expected to happen by the year-end.
Even with The Sepolia testnet Merge, there have been some hiccups. However, Ethereum protocol developer Terence Tsao called the Merge a “success”. He added that 25-30% of validators went offline after the Merge amid “wrong configs”. Later, he referred to them as minor “hiccups” that won’t delay the mainnet Merge further.
Sepolia Resumé:
- Merge Transitioun selwer war e Succès
- 25-30% vun de Valideuren sinn kuerz no der Fusioun offline gaangen
- D'Offline Valideure ware wéinst falschen Konfiguratiounen
- Zënterhier hunn d'Offline Parteien hir Konfiguratiounen aktualiséiert, an d'Validateure sinn op(weider)
— terence.eth (@terencechain) Juli 6, 2022
These testnet Merges basically serve as a “rehearsal” for Ethereum developers giving them a fair idea of what challenges to expect during the mainnet Merge. During yesterday’s live stream, Ethereum co-founder Vitalik Buterin pointed out some challenges with the main network Merge.
For e.g. the mainnet Merge will include third-party infrastructure that’s currently not available during the testnets. Buterin said:
"Also et kënnen net kritesch Themen wéi dat sinn, déi just an der Fusioun optrieden, déi mir net mat dësen Tester opfänken […] Et gi vill Peripheriegeräter déi just net getest ginn an dat ass onvermeidlech a wahrscheinlech gutt."
Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.
Source: https://coingape.com/eth-jumps-5-following-ethereums-sepolia-testnet-merge-success-goerli-next/