{"id":10078,"date":"2022-04-14T17:27:24","date_gmt":"2022-04-14T17:27:24","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/ethereum-developer-says-merge-delayed-until-a-few-months-after-june\/"},"modified":"2022-04-14T17:27:26","modified_gmt":"2022-04-14T17:27:26","slug":"ethereum-developer-says-merge-delayed-until-a-few-months-after-june","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/ethereum-developer-says-merge-delayed-until-a-few-months-after-june\/","title":{"rendered":"Ethereum Developer Says Merge Delayed Until a \u2018Few Months After\u2019 June"},"content":{"rendered":"
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Source: Adobe\/Georgy Dzyura<\/figcaption><\/figure>\n

\u00a0<\/p>\n

Tim Beiko, a leading Ethereum (ETH) developer working on the blockchain\u2019s transition to proof-of-stake (PoS) \u2013 known as The Merge \u2013 has said<\/a> the major network upgrade will not be completed in June.<\/p>\n

\u201cIt won’t be June, but likely in [a] few months after. No firm date yet, but we’re definitely in the final chapter of [proof-of-work \u2013 PoW] on Ethereum,\u201d Beiko wrote on Twitter.<\/p>\n

The comment from Beiko came after an Ethereum miner on Twitter asked him if miners would be \u201cleft out to dry\u201d as they transition to PoS \u2013 which does not require mining \u2013 moves forward.<\/p>\n

\u201cI would strongly<\/i> suggest not investing more in mining equipment at this point,\u201d Beiko replied<\/a> the miner by saying in a thread where he also shared a new update from Ethereum core developers about the latest Merge updates.<\/p>\n

The highly anticipated Ethereum Merge was previously expected to happen sometime between May and June this year.<\/p>\n

Meanwhile, speculation has also emerged online that The Merge may become even more delayed than a \u201cfew months after [June]\u201d.<\/p>\n

Writing on a Reddit forum for Ethereum miners, one mining pool operator who said they have been \u201creviewing the code and running nodes on the merge testnets,\u201d said that they \u201cdon’t believe they will be ready until 2023.\u201d<\/p>\n

The comment from the pool operator was shared by another Reddit user in the r\/CryptoCurrency forum, who added:<\/p>\n

\u201cIt’s kind of a running theme in the ETH mining community how proof of stake has been \u2018almost here\u2019 for years now, but this time it’s actually true we are nearing the end.\u201d<\/p>\n

Meanwhile, back in February, Canada-based mining firm Hut 8<\/strong> claimed that it would not be “really affected” by Ethereum\u2019s move to PoS.<\/p>\n

Commenting to Cryptonews.<\/i>com at the time, Sue Ennis, Vice President of Corporate Development and Investor Relations at the company said the Hut 8 team is \u201cpretty close to the [Ethereum] developer community,\u201d while adding:<\/p>\n

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\u201cAnd we’re hearing on the ground that proof-of-stake is so pretty far off, because it’s obviously not a technology issue; it’s a governance issue.\u201d<\/p>\n<\/blockquote>\n

____
<\/strong>\u00a0
– Ethereum Devs Call Mainnet Shadow Fork a ‘Huge Success’, Propose Fixes for Bugs
– Top Narratives About Ethereum and Its Merge with Its Proof-of-Stake Beacon Chain<\/p>\n

– Ethereum Miners Can Transition to These Coins and Boost Their Values
– Axie Infinity\u2019s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization \u2013 Analysts\u00a0
– Hayes Says He Aims to Rebalance Portfolio in Favor of Ethereum, Sets New Price Target for ETH\u00a0<\/p>\n

– Buterin Claims Ethereum Simplicity is Still Possible, as Developers Warn of Increasing Complexity
– Ethereum Staking Sees Accelerating Growth Ahead of Merge<\/p>\n

– The Ethereum Economy is a House of Cards
– Why Ethereum is Far From \u2018Ultrasound Money\u2019<\/p>\n<\/p><\/div>\n