After Ropsten and Sepolia, Goerli was the last testnet scheduled to undergo the merger, officially becoming a proof-of-stake (PoS) blockchain as of 1:45 am UTC on August 11..
The Goerli testnet merger has been completed today without any major issues, suggesting that there will be no delays in the tentative date of the Ethereum merger set for September 19.
Numerous developers and key figures from the Ethereum ecosystem have taken to Twitter to share their excitement over the success of the merger.like developer Preston Van Loon and podcaster/Ethereum booster Anthony Sassano, sassal0x on Twitter, who he pointed excitedly telling his 216,400 followers that “the next step is (finally) the Ethereum mainnet! The merger is coming.”
The Goerli testnet has been successfully merged and is now a full Proof of Stake chain.
Next up is (finally) the Ethereum mainnet!!
The Merge is coming
— sassal.eth (@sassal0x) August 11, 2022
The Goerli testnet has been successfully merged and is now a full Proof of Stake chain. Up next is (finally) the Ethereum mainnet! The merger is coming.
Nevertheless, some noted that there were minor issues that were also present in the previous two testnet merges.
The developer of Ethereum Marius van der Wijden noted that there was some “network confusion due to two different terminal blocks and many non-updated nodes” that slightly slowed down the process, but stated that things looked “pretty good” anyway..
For its part, the main developer of Ethereum, Tim Beiko also shared a screenshot as soon as the switch from Goerli to PoS took place..
pandas on the screen! pic.twitter.com/0nYll6gImH
—Tim Beiko | timbeiko.eth (@TimBeiko) August 11, 2022
There are pandas on the screen! pic.twitter.com/0nYll6gImH
There is growing confidence that the long-awaited merger of the Ethereum mainnet with the PoS-based Beacon chain will go off without a hitch.given that Beiko previously stated that the big update will take place on (or close to) its proposed date of September 19 if the final merge path is executed successfully.
In what is considered one of the biggest updates in Blockchain history, the merger will significantly reduce Ethereum’s energy consumption and bring the network closer to its goals of scalability, security and long-term sustainability.
After the merger is complete, the next major milestone will be the multi-stage sharding upgrade, which will significantly improve the “distribution of data storage requirements, making rollups even cheaper, and making nodes more affordable.” easy to operate”according to the Ethereum website.
Sharding is essentially distributing the Ethereum database horizontally across the shard chains, giving the network more capacity, while reducing pressure on the core network..
The price of Ether (ETH) has seen a meteoric rise in the run up to the merger; had an increase of 72.2% in the last 30 days, reaching USD 1,890 at the time of writing this article.
And there we go! Goerli has merged
— Nethermind (@nethermindeth) August 11, 2022
And here we go! Goerli has merged. Greetings to all customer teams, collaborators and the entire Ethereum ecosystem. What a moment to share with all of you! Fusion is next
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