CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Ethereum Merge Moves Closer With Penultimate Testnet

July 7, 2022
in Crypto News
Reading Time: 2 mins read
A A
0
Hardware Failure Behind Arbitrum’s Second Outage In Five Months
0
SHARES
10
VIEWS
ShareShareShareShareShare

RELATED POSTS

European Authorities Bust $815M Crypto Fraud Ring, Arrest Nine Across Border

Bybit Institutional Sets the Stage for 2026 at High-Profile Abu Dhabi Gala

Polish PM Claims Russia Influence Blocked Crypto Bill

The second-to-last testnet, Sepolia, has executed its own merge and moved over to the Proof-of-Stake protocol. 

One Step Closer To PoS

Another significant step has been taken towards bringing “The Merge” to the main Ethereum network. The upgrade, which will bring the entire network onto a proof-of-stake (PoS) blockchain, has been executed on the Sepolia testnet. Currently, the network operates on a Proof-of-Work (PoW) consensus mechanism, which is much more energy-intensive. It involves network operators, called miners, to solve complex mathematical problems to verify and validate transactions. The move to the PoS mechanism would completely switch how the network functions and make the entire validation process much cheaper and quicker. The upgrade will also reduce Ethereum’s energy consumption levels by a whopping 99.95%. 

Shadow Fork Testing

The upgrade, which has been dubbed “The Merge” by the Ethereum community, has been a long time coming. It has already battled several delays, and progress has been slow. However, as of now, The Merge is scheduled to happen by the end of 2022 and the steady progress on all the testnets indicates that things are on track. Other than the public testnets, The Merge has also been tested on a private mainnet, known as the Shadow Fork. The testing happened back in April as a measure to see how the nodes react in the harshest possible conditions, especially when their state and history are large and transactions are the most complex. The test results were mostly positive and gave the engineers the opportunity to address minor issues. 

The Sepolia Merge

Public networks like Ethereum always run trials of new upgrades on test networks, i.e., testnets, before rolling it out on its main network or mainnet. The Sepolia testnet is the second-to-last one, with just one more testnet (Goerli) remaining before the entire network completes The Merge. The upgrade has now been deployed on two of the three public testnets, the previous one being the Ropsten testnet, which happened back in June. 

The Sepolia merge was a two-step process that was set into motion once the operators updated their consensus layer and execution layer clients together. The two phases were then activated, the first at an epoch height on the Beacon Chain and the second upon hitting the Terminal Total Difficulty (TTD) level on the execution layer. The update was done on Wednesday and has not shown up any significant glitches since then. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.


Credit: Source link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Global Top-10 Crypto Exchange Moves Closer to US Entry After Securing FinCEN License

Next Post

Argentinians flee to crypto in economic uncertainty

Related Posts

62 People Arrested in Turkey, Allegedly Connected to the Thodex Exchange Heist
Crypto News

European Authorities Bust $815M Crypto Fraud Ring, Arrest Nine Across Border

December 8, 2025
Bybit Institutional Sets the Stage for 2026 at High-Profile Abu Dhabi Gala
Crypto News

Bybit Institutional Sets the Stage for 2026 at High-Profile Abu Dhabi Gala

December 8, 2025
Polish PM Claims Russia Influence Blocked Crypto Bill
Crypto News

Polish PM Claims Russia Influence Blocked Crypto Bill

December 8, 2025
Next Post
Argentinians flee to crypto in economic uncertainty

Argentinians flee to crypto in economic uncertainty

Mt. Gox Creditors Could Receive Billions in BTC as Latest Rehabilitation Plan Gets Approval

Mt. Gox Releases Update on Creditor Rehabilitation Plan

Recommended Stories

No Content Available

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships

    0 shares
    Share 0 Tweet 0
  • Crypto Exchange Kraken Says Decentraland, The Sandbox and Metaverse Sector Far Outperforming Market Year-on-Year

    0 shares
    Share 0 Tweet 0
  • ATOM Hits 2-Month High, as XRP Extends Recent Gains – Market Updates Bitcoin News

    0 shares
    Share 0 Tweet 0
  • Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • How crypto derivatives liquidation drove Bitcoin’s 2025 crash
  • Robinhood Charges Into Indonesia as Next Explosive Crypto Market
  • Exploring Chainlink’s Role Beyond Price Feeds in the Blockchain Ecosystem

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.