There is rising confidence that the Ethereum Merge, scheduled for mid-September, won’t be postponed after the Goerli merge went smoothly.
After Ropsten and Sepolia, Goerli was the final testnet left to be merged, and as of 1:45 a.m. UTC on August 11, it became a proof-of-stake (PoS) blockchain.
Today’s Goerli testnet merge was completed without any significant complications, indicating that the anticipated Ethereum Merge date of September 19 won’t be postponed.
Preston Van Loon, a core developer, and Anthony Sassano, a podcaster and supporter of ETH, both took to Twitter to express their excitement over the successful merge. Sassano brashly noted to his 216,400 followers that “next up is (finally) the Ethereum mainnet!! The Merge is on its way.
However, some people pointed out that a few minor bugs persisted from the first two testnet mergers.
Despite some confusion on the network due to the two different terminal blocks and plenty of non-updated nodes, according to Ethereum developer Marius van der Wijden, things were still moving forward “quite good.”
Tim Beiko, the lead Ethereum developer, also posted a screenshot as soon as Goerli’s conversion to PoS was complete.
Given that Beiko previously stated that the significant upgrade will take place on (or close to) his proposed date of Sept. 19 if the final merge trail runs went through successfully, there is growing confidence that the eagerly awaited Ethereum mainnet merge with the PoS-based Beacon Chain will go through without a hitch.
The Merge will significantly lower Ethereum’s energy consumption while moving the network closer to its long-term scalability, security, and sustainability goals. This upgrade is regarded as one of the most significant in blockchain history.
The multi-phased sharding upgrade, which will considerably improve the “distribution of data storage requirements, enabling rollups to be even cheaper, and making nodes easier to operate,” will be the next big milestone after the Merge.
In essence, sharding entails horizontally distributing the Ethereum database among shard chains to increase network capacity while relieving pressure on the core network.
The price of Ether (ETH) has had a stratospheric rise in the months leading up to the Merge, rising 72.2% in that time to reach $1,896 at the time of writing.