The Goerli Testnet Merge On Ethereum Completed
The Goerli testnet merge was finally completed earlier today at approximately 1:45 AM UTC, thereby finishing the final trial run for Ethereum&39s Merge event.
The testnet merge, which included the Goerli testnet merging with the Prater testnet (a PoS Beacon Chain), is the last test run before the Merge. When Goerli reached a total difficulty of 10,790,000, the merge with Prater officially occurred.
The Goerli testnet merge is the clearest indication thus far that Ethereum&39s highly anticipated Merge event, which will involve the transition to a Proof-of-Stake network, will indeed occur this fall. During last month&39s Consensus Layer Call, Ethereum Foundation member Tim Beiko stated that September 19th is the tentative date that everyone should be marking on their calendars.
If successful, the Merge will have long-term implications for Ethereum including paving the way for sharding, significantly decreasing energy usage, and bolstering ETH&39s price. In a more general sense, the crypto industry would also benefit from the Merge as JPMorgan analysts claim that it could provide a strong basis for the market going forward.
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