Vitalik Buterin confirms Ethereum’s Merge could happen in August

Vitalik Buterin alongside a few core Ethereum developers says that the Merge will be completed in August this year.

Arguably the most anticipated event in Ethereum’s 7-year-old history, the Merge could come in the next few months asserted the project’s co-founder as well as a couple of core Ethereum developers. Vitalik stated that this should happen before the “difficulty bomb” slows down the network.

Speaking at a panel during the Permissionless conference, Ethereum core developer Preston Van Loon, noted that the Merge could occur sometime in August

“As far as we know, if everything goes to plan, August — it just makes sense. If we don’t have to move (the difficulty bomb), let’s do it as soon as we can.”

The difficulty bomb is an intentional process embedded into Ethereum’s code that eventually slows down the network. The developer team incorporated it for two main reasons — to encourage developers to push the proof of stake transition and make it harder for miners to remain on the proof of work chain following the event.

Although the difficulty bomb has been postponed several times to make sure the network continues to function correctly, the team wants to avoid another delay this time and complete the Merge before the blockchain slows down. Previously, another Ethereum developer Tim Beiko — said the Merge would not happen in June as expected, but it will most likely occur a few months later.

Further echoing Van Loon’s encouraging words, ETH researcher Justin Drake made a similar prediction, saying he had a

“strong desire to make this happen before difficulty bomb in August.”

Vitalik Buterin also reiterated this during the Ethereum Shanghai Summit but also gave more room for potential hiccups, saying The Merge could be in September or October.

#crypto #bitcoin #ethereum #trading #anypad #blockchain

As written by Niranjan Duguta

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