No significant complications were encountered during the Goerli testnet merge today, indicating that the tentative Ethereum Merge date of Sept. 19 won’t be postponed.
Given that Ethereum developer Tim Beiko previously stated that the significant upgrade will occur on (or close to) his proposed date if the final merge trail runs went through successfully, there is growing confidence that the highly anticipated Ethereum mainnet merge with the PoS-based Beacon Chain will proceed without a hitch.
Optimism for upcoming Ethereum Merge
As soon as Goerli’s transition to PoS was complete, Beiko voiced his enthusiasm and posted a screenshot.
pandas on the screen! pic.twitter.com/0nYll6gImH
— timbeiko.eth (@TimBeiko) August 11, 2022
However, several users reported small issues that had previously been present in the previous two testnet merges.
Marius van der Wijden, an Ethereum engineer, reported some “confusion on the network due to two different terminal blocks and lots of non-updated nodes,” which slowed the process significantly, but that things were still looking “quite good.”
A momentous moment
The Merge, widely regarded as one of the most significant blockchain upgrades in history, would drastically cut Ethereum’s energy usage while moving the network one step closer to its long-term scalability, security, and sustainability goals.
The multi-phased sharding upgrade, which will considerably improve the distribution of data storage requirements, enable rollups to be even more affordable, and make nodes easier to manage, will be the next big milestone once the Merge is finished, according to Ethereum’s website.
In essence, sharding entails horizontally distributing the Ethereum database among shard chains to increase network capacity while relieving pressure on the core network.
Months before The Merge, the Ether (ETH) price had a stratospheric rise, rising 72.2% over the previous 30 days to reach $1,890 at the time of writing.