The integration step of the Merge update, which is of great importance for the Ethereum network, “Bellatrix” takes place today.
The Ethereum chain is preparing for one of the biggest and perhaps the most complicated updates in cryptocurrency history. September 15Today for The Merge update, which is scheduled to go live in a critical step will be passed.
Bellatrix This update, called Proof of Work (PoW) to Proof of Stake (PoS), represents an update fork that will “teach” the Ethereum chain the transition phase. Users who act as validators on the Ethereum network need to update their node software today. In this way, both the network itself and the network validators will be ready for the big Merge update. It should be noted that For the healthy functioning of the Ethereum network It is critical that validators validate network blocks correctly.
According to data provided by Ethernodes, there are currently Ethereum network validators. %27of “not readyIt is located in ”. Significant amount of validator clients not getting to Merge ready Ethereum founder Vitalic ButerineIt looks like it got him moving. Buterin shared on September 6, in your post “Make sure you do the update, this is important!” he stated clearly.
Users who have not updated their validator algorithms to the Bellatrix fork today, getting stuck in the old mismatched chain and unable to continue confirming transfer transactions known to be at risk.
After the Bellatrix update, it will be the final step for Ethereum Merge. Terminal Total Difficulty (TTD) will be triggered when it reaches 5875000000000000000000000“Paris eventThe final phase, called ”, will take place around September 15. When the execution layer exceeds this TTD, the next block is a Beacon Chain It is scheduled to be generated by the validator. Upon completion of this block, Ethereum’s blockchain will enable its full transition to a proof-of-stake mechanism.
According to the Ethereum Foundation, Ethereum investors during the merge They do not need to take any action with their assets.. However, those who claim to the contrary It is especially underlined to be careful against fraudsters..