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The Ethereum ecosystem is growing more confident that there will be no delays in the planned Ethereum merger in mid-September.
Ethereum developer I ran a third and final test merge On the Goerli test network. This latest development means the Ethereum network is on track to execute his Ethereum merger scheduled for mid-September.
This move is the last step before the mainnet merge, where Ethereum will move from Proof of Work (PoW) consensus to Proof of Stake (PoS).
The broader cryptocurrency market is eagerly anticipating the Ethereum Merge event in hopes that it will make the Ethereum network significantly more energy efficient and cheaper to use.
Ethereum developers simulated a merge on Goerli on Thursday, August 11, effectively switching from PoW to PoS consensus.
The developers merged Goerli’s code with a PoS-based fork called Prater, and the node operators on both chains did the work of updating their client software in parallel.
Following activation of the Goerli merge, the success of the event will be determined after a thorough evaluation of the upgraded network.
Ethereum developers have been preparing for the merge at scale over the past few months. During that time, the core developer performed merges on two different testnets, Sepolia and Ropsten.
The test merge event allowed developers to verify whether the client software used to run Ethereum nodes ran successfully without bugs.
The Goerli test is the third and final test, followed by the official mainnet merge in the coming weeks. This is according to the official schedule determined by the Ethereum developer team. This final upgrade he plans to take place in September.
Ether, the native token of the Ethereum blockchain, has been performing well since the development team announced the merge date.
At the time of writing, ETH is trading at $1,890, up more than 12% over the past 24 hours. Several cryptocurrency exchanges, including Binance, have already declared their support for Ethereum Merge going forward.
