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25.08.202210:36 Forex Analysis & Reviews: Ethereum Merge coming soon

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The Ethereum Merge is one of the most anticipated events for the crypto community in 2022, with the end of the multi-year plan to shift to a Proof-of-Stake protocol now in sight. Alas, all technology-related things are not free from bugs.

Earlier this week, Peter Szilagyi, an Ethereum software developer, tweeted that his team had found a regression that resulted in a corruptive state.

In the later update, the developer explained the problem will likely affect those who are running the release in terms of corrupting their database and resulting in the loss of data.

A solution to the problem was found after a day of work.

The date of the Merge is confirmed.

The Ethereum Foundation provided evidence that this latest bug had not derailed the planned launch of the Merge. On Wednesday, the Foundation posted a blog, saying that developers had officially confirmed September 6 as the transition date to a Proof-of-Stake protocol.

This will be a two-step Merge: the Bellatrix stage and the Paris stage.

The Bellatrix update will take place at 11:34 AM UTC on September 6. The Paris transition to Proof-of-Stake will occur between September 10 and September 20. These dates could change plus or minus five days due to shifts in block time and hash rate fluctuations.

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