One of the developers of Ethereum reported on the latest preparations for the transition of the network to proof of ownership PoS. On the back of this news, Ether rose by 14%.
Ethereum Foundation’s Ethereum Piercing Support Engineer Tim Beiko has revealed on Twitter the latest details on preparations for the final test phase of the Ethereum merger with test blockchains.
The final transition to the Proof-of-Stake testnet will take place on the Goerli testnet, the closest simulation of the main blockchain, Beiko said. The version of Goerli Beacon Chain is called Prater and will be merged into the testnet between August 6 and 12 in an update called Paris.
The developer added that before that happens, a pre-upgrade called Bellatrix needs to be done to prepare Prater for the merger with Goerl. Beiko noted that after several shadow forks and mergers on legacy testnets, there remains one more testnet that needs to be changed.
Node operators will need to update both their consensus clients and their execution clients at the same time. Ether holders and stakers do not need to take any action as the changes only affect node operators and testnet participants.
The blockchain merger, as before, is scheduled for September 19th. However, it may be delayed if there are problems with the Goerli testing phase. In July, the ninth shadow fork was launched to test the Maximum Extractable Value (MEV) enhancement feature.
The merger has been described as the biggest Ethereum upgrade since its inception in 2015. However, the transition to Proof-of-Stake should have happened several years ago, and repeated delays have periodically disappointed users and investors.
Against the backdrop of positive news from the developers, Ethereum showed growth, reaching $1,633. Recently, Bits.media founder Ivan Tikhonov said in an interview that Ethereum needs to switch to Proof-of-Stake.
