The long-awaited transfer of Ethereum to the Proof-of-Stack (PoS) Consensus, which has been repeatedly postponed, is expected to take place sometime in August. I hope so too.
Preston Van Lunn, one of the main developers of the Ethereum (ETH) network, told attendees at the unauthorized conference that the transition, known as merger, would take place in August if all plans were carried out.
Van Loon told 5,000 participants that the plan was to move the team before the so-called “solid bomb” network was affected.
Echoing this sentiment, Ethereum researcher Justin Drake said that ensuring rapid progress of integration is a top priority, sharing his “strong desire to make it happen before the August trouble bomb.”
“Solid bomb” refers to a program encoded in the Ethereum blockchain that intentionally slows down the network. It was designed to encourage migration to PoS, making it more difficult for miners in the proof-of-work (PoW) chain after integration.
On April 11, Ethereum developer Tim Beiko announced that Merge had been suspended again. Despite a successful “shadow fork test”, Beiko says the merger will not be implemented as expected in June. According to Beiko, developers need to act quickly to avoid solid bombs, otherwise they will have to roll out another update to delay the bombs.
The rescheduling comes on the heels of this week’s news that the Ethereum network will experience a “huge test milestone”, with the Rapstein Testnet merge set to take place on June 8th. In the Rapstein Testnet merge, the PoW testnet has been integrated into a new testnet for the PoS consensus layer. This will mimic what would happen if an actual merger between Ethereum and Beacon Chain occurred and it turned into a PoS network.
If the merge is successfully implemented in August, the final roadmap for Ethereum, formerly known as Eth2, will be the Shared Chain Upgrade, scheduled to go live in early 2023. Take advantage of Layer-2 networks like Polygon and Optimism to manage scalability and high transaction volume.