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Author: Admin | 2025-04-28
Deflationary; in other words, decreasing its supply over time.The Timeline: When Is The Merge?The Merge has been in the making for years, slowly progressing through various upgrades and tests as developers work to resolve issues at each step. Notable milestones on the journey to The Merge include:Beacon Chain launch in December 2020London hard fork in August 2021Altair upgrade in October 2021Arrow Glacier upgrade in December 2021Kiln testnet merge in March 2022Multiple mainnet shadow forks starting in April 2022Ropsten testnet merge in June 2022Gray Glacier upgrade in June 2022Sepolia testnet merge in July 2022Goerli testnet merge in August 2022On 14 July 2022, Ethereum developers announced a soft target date of September 2022 for the Ethereum blockchain to finally transition to PoS from PoW by merging the Ethereum mainnet with the Beacon Chain.Challenges of The MergeDevelopment DifficultiesPoS is challenging to implement, as evidenced by the long development road Ethereum has travelled up to this point in The Merge. 15 September 2022 is a soft target date set by the Ethereum developers, and it is possible that delays could still be announced.Not Yet Battle-Tested on Such a Large ScaleAlthough other competing blockchains are using PoS, none of them have the transaction activity of the Ethereum blockchain. The Merge will therefore be the first time PoS has been deployed on such a large scale, and it remains to be seen whether everything will run smoothly.ConclusionThe Merge is the most significant upgrade in Ethereum’s history thus far and also one of the most anticipated events in the crypto space. Proponents expect it to set the stage for key improvements in the fundamentals of the Ethereum blockchain, with scalability arguably being the most important one. Developers have set a soft target date for 15 September 2022, so mark your calendars. However, delays could still be a risk to The Merge. Due Diligence and Do Your Own ResearchAll examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy, or sell any coins, tokens, or other crypto assets. Returns on the buying and selling of crypto assets may be subject to tax, including capital gains tax, in your jurisdiction. Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility.
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