Hot Development For Ethereum Merge: This Network Is Shutting Down Tomorrow!

The Ethereum team announced that Kiln, the testnet for Ethereum Merge, will be shutting down on September 12.

Latest Ethereum merge news

The Ethereum team announced that they will be shutting down Kiln, the testnet for the merge, on September 12. Additionally, Ropsten and Rinkeby will be retired on testnets after the merge is implemented in Q4 2022 and Q3 2023, respectively. While it’s likely to sag for up to a week, the merge will be implemented from September 13-15, according to Ethereum co-founder Vitalik Buterin.

The Ethereum team said in an official announcement on September 9 that the Kiln testnet will be shut down next week as the testnet is now deprecated. Kiln was released in early 2022 for testing Ethereum post-merge before existing testnets were merged. All boot node operators and validators related to the testnet will be shut down. In a statement on September 9, the Ethereum team noted:

While anyone can run a node on the network, boot node operators and validators provided by the client and test teams as well as infrastructure providers will be shut down at this point.

It expires on other testnets

Other merge testnets Ropsten and Rinkeby are also deprecated. It should be closed in the 4th quarter of 2022 and the 2nd quarter of 2023, respectively. Although testnets will remain active after Merge, infrastructure providers will gradually remove access to Ropsten and Rinkeby testnets over time. Meanwhile, Ropsten, Ethereum’s longest-lived PoW testnet, has made it to PoS. But the client developers decided to deprecate it.

Why Merge May Not Recover Ethereum Price in September

The developers decided to maintain and upgrade these testnets after the merge. For this reason, users and developers are encouraged to switch to Goerli or Sepolia testnets. Goerli has an open set of validators that require storage to test complex smart contracts. Whereas Sepolia has a closed set of validators. It is less used than other testnets and requires minimal storage.

Ethereum merge will start before September 15

Ethereum co-founder Vitalik Buterin has stated that the much-anticipated Ethereum Merge will take place from September 13-15. Merge will start at 58700000000000000000000 TTD and will mark Ethereum’s transition to PoS consensus. According to OKLink “Ethereum The Merge Countdown” data, the network hash rate is 885.77 TH/s. A hash rate of 872 TH/s is sufficient to trigger a merge on September 15. However, the hash rate approached 900 TH/s.

Also, the Ethereum Foundation’s merge countdown monitor predicts the merge will begin at 23:58:31 on September 14.

On Wednesday, July 6, Ethereum developers brought the Ethereum network one step closer to a proof-of-stake (PoS) network.  Successfully implemented The Merge on the Sepolia testnet.  After that, the ETH price jumped.  Here are the details…

cryptocoin.comAs you follow, Ethereum price is trading at $1,764.27 after seeing a slight increase of 2.75% on the day. This came as great news for investors as they saw ETH break the $1,700 resistance once again. Ethereum has now gained over 11% over the week.

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