The calm before The Merge
Ethereum, the second biggest cryptocurrency by market cap, is expected to complete its transition from Proof of Work (PoW) to Proof of Stake (PoS) around September 15, 2022. We provide a brief on what the merge will mean in practice.
Sep 13th 2022
Source: Ethereum Foundation
Last week, Bellatrix was activated—the last major update before the merge—and enables Ethereum consensus layer clients to execute transactions on the Beacon chain.
A brief on what the merge will mean in practice: