The date for the Ethereum merge, which has been highly anticipated since 2015, has been clarified as September 15. However, according to the statement from the Ethereum Foundation, there may be a 1-week margin of sagging.
Ethereum Nerge date may not be September 15th
Following the successful completion of the final test phase, Goerli, the Ethereum merge, which was expected to take place on September 15 and 16, was postponed. The second-largest cryptocurrency, grappling with the problem of high gas fees and slowing down, is expected to change its history from PoW to PoS in the upcoming. According to statements from the Ethereum Foundation, there will be a one-week lag margin on the merge date. According to statements from blog.ethereum.org:
The target date is September 15, 2022, but this estimate could be in error for even a week. Next week’s All Core Development call forecasts will be rechecked and the TTD will either be approved or a final adjustment will be made to better meet the target date.
Is the new Ethereum merge announcement imminent?
Earlier this year, in July, the developers stated that a tentative date for the final upgrade could be around September 19, depending on the changes. There were hints of possible delays for unexpected reasons. With yesterday confirmed as a target date around September 15 or 16, things looked more certain. However, another change in schedule could lead to a new Ethereum merge date.
The network upgrade is set to occur when the terminal total difficulty (TTD) reaches 587500000000000000000000. The TTD will trigger the transition from the PoW mechanism to the PoS mechanism for the Ethereum network. Following yesterday’s September 15 forecast, the Foundation said the estimated date could be a week’s worth of error.
cryptocoin.comAs we have reported, Ethereum founder Vitalik Buterin also reported that there may be deviations today.
