There is growing confidence that the Ethereum Merge, scheduled for mid-September, won’t be postponed after the Goerli merge went smoothly.
After Ropsten and Sepolia, Goerli was the final testnet left to be merged, and as of 1:45 a.m. UTC on August 11, it became a proof-of-stake (PoS) blockchain.
Today’s Goerli testnet merge was completed without any significant issues, indicating that the anticipated Ethereum Merge date of September 19 won’t be postponed.
Preston Van Loon, a core developer, and Anthony Sassano, a podcaster and supporter of ETH, both took to Twitter to express their excitement over the successful merge. Sassano brashly noted to his 216,400 followers that “next up is (finally) the Ethereum mainnet!! The Merge is on its way.
The Goerli testnet has been successfully merged and is now a full Proof of Stake chain.
Next up is (finally) the Ethereum mainnet!!
The Merge is coming 🐼
— sassal.eth 🦇🔊🐼 (@sassal0x) August 11, 2022
However, some people pointed out that a few minor issues persisted from the first two testnet merges.
Despite some “confusion on the network due to two different terminal blocks and lots of non-updated nodes,” according to Ethereum developer Marius van der Wijden, things were still moving along “quite well.”
Tim Beiko, the principal Ethereum developer, also posted a screenshot as soon as Goerli’s conversion to PoS was complete.
1-2 blocks to go!
— Tim Beiko | timbeiko.eth 🐼 (@TimBeiko) August 11, 2022
Given that Beiko previously stated that the significant upgrade will take place on (or close to) his proposed date of Sept. 19 if the final merge trail runs went through successfully, there is growing confidence that the eagerly awaited Ethereum mainnet merge with the PoS-based Beacon Chain will go through without a hitch.
The Merge will significantly lower Ethereum’s energy consumption while moving the network closer to its long-term scalability, security, and sustainability goals. This upgrade is regarded as one of the most significant in blockchain history.
The multi-phased sharding upgrade, which will significantly improve the “distribution of data storage requirements, enabling rollups to be even cheaper, and making nodes easier to operate,” will be the next significant milestone after the Merge.
In essence, sharding involves horizontally distributing the Ethereum database across shard chains to increase network capacity while relieving pressure on the core network.
In the months leading up to the Merge, the price of Ether (ETH) has experienced a meteoric rise, rising 72.2% in that time to reach $1,890 at the time of writing.