Ethereum’s Highly-Anticipated Upgrade Will Be Later Than June. | Market Ranger
Ethereum’s Highly-Anticipated Upgrade Will Be Later Than June.
One of the leading Ethereum software developers said the blockchain network’s much-anticipated technical upgrade known as the Merge will likely be completed a few months after June.
The comment helps to establish a possible timeline for the completion after Ethereum passed another major test on Monday. The network’s developers had launched a mainnet shadow fork to stress test the new upcoming software.
The Merge will enable the blockchain to move from the proof-of-work consensus mechanism, which uses energy-intensive specialized computers to validate transactions and secure the network, to proof-of-stake. The new mechanism allows Ether holders or stakers to operate as validators to perform those tasks.
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