OP 11 August, 2022 - 10:30 PM
Ethereum is one step closer to merge ?
A major milestone has just been achieved in Ethereum's quest to move to a proof-of-stake blockchain. Goerli, the third and final testnet, has successfully switched over to this consensus algorithm. It was important for developers to get right, and was the final dress rehearsal before next month's "merge." The transition to proof-of-stake, which has been presented as more scalable and environmentally friendly than proof-of-work, has been years in the making. Ether has rallied by 11% in 24 hours as news of the successful test emerged — hitting highs of $1,908.20 at one point. Goerli was named after a train station in Berlin, and the next stop for developers is confirming when the merge should happen
Source: https://bit.ly/3w07sAZ
A major milestone has just been achieved in Ethereum's quest to move to a proof-of-stake blockchain. Goerli, the third and final testnet, has successfully switched over to this consensus algorithm. It was important for developers to get right, and was the final dress rehearsal before next month's "merge." The transition to proof-of-stake, which has been presented as more scalable and environmentally friendly than proof-of-work, has been years in the making. Ether has rallied by 11% in 24 hours as news of the successful test emerged — hitting highs of $1,908.20 at one point. Goerli was named after a train station in Berlin, and the next stop for developers is confirming when the merge should happen
Source: https://bit.ly/3w07sAZ
