Ethereum community begins testing “The Merge”, the next big step towards ETH 2.0 – DiarioBitcoin

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

Ethereum community begins testing "The Merge", the next big step towards ETH 2.0 - DiarioBitcoin By Hannah perez

More than 300 people have joined the testing program for ‘The Merge’, the update that will see the transition from Ethereum to PoS.

***

Users of Ethereum (ETH), the second-largest blockchain by market capitalization, have begun testing what will be the next major network upgrade.

The developer of Ethereum, Marius van der Wijden, said on Wednesday that a large number of community users have joined the tests of the tan expected update ‘The Merge’ (merge), which will mean the transition of Ethereum to a proof-of-stake (PoS) consensus mechanism.

Ethereum is currently undergoing a major update called Ethereum 2.0 which will see the network abandon its current proof-of-work (PoW) mechanism for one of PoS. The multi-phase update went live in December 2020 with the release of Beacon chain, a second string of Ethereum based on PoS.

The second and next phase of this development will involve the merger of the main chain of Ethereum with Beacon chain, an update that has been dubbed ‘The Merge’. This stage is crucial for the project as it will ultimately involve the transition to ETH 2.0. With this, Ethereum will become a Blockchain totally based on PoS, reducing your energy consumption by 99%.

More than 300 people are testing ‘The Merge’

The developers of Ethereum They launched a new program this week to engage the community in testing for ‘The Merge’. The testing program caters to three levels of users: non-technical, developers with limited experience in Blockchain and highly technical and technology-savvy developers.

See also  Ethereum: definition, operation and use

As reported Cointelegraph, the testing program self-guided designed for non-technical users provides tasks such as configuring consensus layer clients, reporting failures, and submitting transactions.

On the other hand, technical users can help by selecting objectives, such as running their own validators, testing and implementing contracts, and setting up their own test networks. Meanwhile, highly technical users can review the specifications, propose invalid blocks, and split the network by voting for invalid blocks.

Wijden had announced about the program through his Twitter account on Monday. In a tweet, the developer had invited the community to get involved in the tests and join the hashtag #TestingTheMerge along with the message of a funny meme.

Testing is the best way to contribute to Ethereum. We are starting a new program for the community to participate in the fusion tests. If you want to do your bit to get Ethereum to PoS as soon as possible and save the environment, [escríbeme]

Many have joined the effort since the invitation. This Monday, van der Wijden updated information about the call and said that more than 300 people have joined the testing program for The Merge in the last three days.

See also  Wallets of this Ethereum rollup can be used without private keys

Ethereum 2.0 closer and closer

Although the program does not generate any type of monetary incentive to users, the rapid response to the call demonstrates the interest and support of the community to support the next major update of Ethereum.

Wijden joked about it, assuring that he would personally thank the contributors at the upcoming DevCon conference. “The program is not compensated, but if you encounter a critical bug (panic / consensus issue), I will buy you a drink of your choice at the next DevCon!He wrote in a tweet.

Meanwhile, program participants are required to document their work as they go and share it on social media. Wijden urged them to join the ‘Ethereum R&D’ Discord channel, used by core developers to discuss technical matters.

The call for the initial tests of The Merge arises just a few weeks after Beacon chain will roll out its first update called ‘Altair’ at the end of October. It also occurs shortly after the founder of Ethereum, Vitalik Buterin, will present the EIP-4488 upgrade proposal, which offers a short-term solution to the high network operating fees.

In the long term, it is expected that Ethereum 2.0 can respond to the different scalability problems currently facing the platform. For now, the estimated timeline for the merger points to the first or second quarter of 2022. Although it should be noted that, Yes OK The Merge will be the final step towards the transition from Ethereum to a PoS mechanism, there is still work ahead for ETH 2.0; including the ‘fragmentation’ phase, known in English as’Sharding ‘.


Recommended reading


Sources: Cointelegraph, CryptoNews, file

Article by Hannah Estefanía Pérez / DailyBitcoin

Image from Unsplash

See also  Bored Ape crashes Ethereum with land sales for its Otherside metaverse

Leave a Comment

Your email address will not be published.