{"id":51463,"date":"2022-08-19T12:58:38","date_gmt":"2022-08-19T10:58:38","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=51463"},"modified":"2022-08-19T12:58:38","modified_gmt":"2022-08-19T10:58:38","slug":"ethereum-developers-confirm-september-15-as-the-official-date-of-the-desired-fusion","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/ethereum-developers-confirm-september-15-as-the-official-date-of-the-desired-fusion\/","title":{"rendered":"Ethereum Developers Confirm September 15 as the Official Date of the Desired Fusion"},"content":{"rendered":"
It has been confirmed by the core Ethereum blockchain developers that September 15 will likely be the official date of the expected software upgrade of the Ethereum blockchain that was much anticipated.<\/span><\/p>\n According to a developer’s conference call on Thursday<\/a>, this is likely to be the final estimate of the timing of the network upgrade<\/strong>, which will increase the network’s efficiency by making it more energy-efficient. During last week’s developers’ meeting, it was agreed that there would be a tentative release date of mid-September.<\/span><\/p>\n Even so, it is not impossible that the actual time of the Merge may vary from what is currently expected, as it will likely be affected by any big swings in the amount of support Ethereum has to order transactions. It is possible for developers to move the Merge forward ahead of schedule if support for the project drops off unexpectedly in an emergency.<\/span><\/p>\n The mainnet launch of the new Ethereum is very close, according to Tim Beiko<\/strong>, who coordinates the core development team for Ethereum. Earlier this week, Buterin said that it would probably be possible for the upgrade to take place by September 15.<\/span><\/p>\n There have been talks about this software upgrade called “Merge” for a few years now, and it is expected to make a significant difference in how Ethereum orders transactions. By using staked Ether tokens instead of energy-guzzling computers<\/a> that are called miners, the network will be able to eliminate the need to use energy-guzzling computers. This is known as ‘proof of stake.’<\/span><\/p>\n <\/p>\nPoS is Next to Us<\/span><\/h2>\n