Ethereum Merge Officially Launched: Here are the Details

Ethereum 2.0 client Teku has released the necessary update v22.8.1 for all mainnet users to officially prepare for Consolidation. The released update also includes the Bellatrix upgrade and Merge migration configuration. All Ethereum Mainnet (mainnet) users are required to upgrade before the Bellatrix activation date on the Mainnet, September 6th.

Ethereum Consolidation Officially Launched

Ethereum 2.0 client Teku announced in a shared tweet on August 22 that the Bellatrix upgrade has been released on September 6 and a required update, v22.8.1, is available for Merge on September 15.

Proof of Stake (PoS) To transition to consensus, all mainnet nodes need to be upgraded to the required Teku version. It includes connecting to the execution API of a local execution client and setting a default fee receiver by validators.

mainnet nodes, Ethereum Consolidationone has to have upgraded both Teku and the execution client to be prepared. Failure to upgrade execution clients will create a “Merge migration configuration error” with Teku. A terminal block hash mismatch with the local terminal total difficulty (TTD) and remote execution client values ​​will also invalidate the relay on the mainnet node.

Also, additions and improvements in the upgrade include setting the Bellatrix fork period and TTD for Consolidation, allowing multiple beacon nodes to be configured for a single authenticator client, and simplifying the use of the standard REST API.

It also includes bug fixes for terminal proof-of-work (PoW) block, calculated load debugs, and repeated timeout exceptions.

All mainnet users must have upgraded to v22.8.1 before the Bellatrix activation date of September 6. The upgrade is critical to this transition, as it includes key configurations in preparation for Merge.

The Expectation of September 15 as the Deadline Continues

Ethereum core developers confirmed the final mainnet TTD of 587500000000000000000000 at the last Ethereum Core Developers meeting on August 18. This is a critical detail which means the developers are optimistic that Merge will be released on September 15.

Vitalik Buterin also previously confirmed that Merge is dependent on hash rate. An average hash rate of 872.2 TH/s is sufficient to reach the TTD of 587500000000000000000 on September 15th. According to OKLink “Ethereum The Merge Countdown” data, the current hash rate is around 872 TH/s.

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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.

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