[topsearch__bar__shortcode]

Ethereum (ETH) Merge begins as last Testnet goes Live

Related Topics

Facebook
Twitter
LinkedIn
WhatsApp

As parameters for Kiln, the last public testnet before transitioning to the PoS mining algorithm, were revealed, Ethereum (ETH) moved another step towards the Merge, when the current Ethereum Mainnet will “merge” with the beacon chain proof-of-stake (PoS) system.

“The Kiln testnet configurations are now available,” stated Parithosh Jayanthi of the Ethereum Foundation. He also stated that a larger article with additional details and links would be published soon and that the beaconchain will be launched on Friday at 14:00 UTC. The [proof-of-work, PoW] chain has already begun, and the PoW phase is expected to last a week. The requested users to deploy their smart contracts right away so they could see how they behaved before and after the integration!

In a late January update, Ethereum core engineer Tim Beiko stated that Kiln will go live following testing deployments on Kintsugi, a “longer-lived, public testnet” set to open in late 2021 to allow application developers to become acquainted with a post-merge Ethereum environment.

Meanwhile, in order to guarantee network security and a seamless transfer, developers are requesting the community to test the Kiln mainnet and assist them in identifying any difficulties.

Developer Marius van der Wijden also revealed that Kiln has been “turned up” and that it is now testing time until the Merge on this testnet takes place, which is scheduled for the mid-next week, as well as details on how users may participate.

“Let me tell it as honestly as I can: Kiln is THE BIG milestone for the Ethereum Merge,” said Superphiz, who defines himself on Twitter as an “Ethereum Beacon Chain community health specialist.”

Beiko further mentioned that the data acquired during this testing might influence the timing of the Merge.

Leave a Comment

Your email address will not be published. Required fields are marked *

Crypto

Crypto News & Market Sentiment

The crypto market seems to be moving fully towards the road to recovery, as US economic data on inflation proved to be better than expected.

Crypto

Crypto News and Market Sentiment

The much-awaited interest rate hike by the US Federal Reserve had finally come to pass, with interest rates being raised by 75 basis points earlier

Crypto-Market Weekly News

After several tumultuous weeks, the cryptocurrency market is finally showing signs that indicate stability, to a large degree. The total crypto market cap presently exceeds

Latest Posts