A historic moment – We’ve been talking about Ethereum’s move to Proof of Stake for years. After several years of work, the developers have finalized this transition. Goodbye Proof of Work and welcome to Proof of Stake, The Merge has been activated on Ethereum.
The Merge successfully deployed on Ethereum
That’s it, the Ethereum network has passed one, if not the, biggest update in its history.
Thus, a few weeks after the deployment of Bellatrix on the beacon chain, the Paris update has been enabled on the runtime layer. In practice, this update marked the definitive abandonment of Proof of Work in favor of Proof of Stake.
Unlike most updates, this one did not activate at a given block height. Indeed, the activation of The Merge was dependent on a terminal total difficulty (TTD). Therefore, its deployment was dependent on the mining difficulty.
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Initially scheduled around 6 a.m., The Merge was not subsequently postponed for a few hours following the massive shutdown of mining machines.
Ultimately, The Merge was successfully activated on the Ethereum mainnet at 8:43 a.m. French time. Thus, it was at this time that the first block validated by the Proof of Stake validators was finalized.
Now, developers will be looking at Sharding and second-layer solutions to solve Ethereum’s scalability issues.
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