Hi, I thought it would be fun to aggregate and take the average estimated time for when the merge for Ethereum will occur. From all seven site the estimate time is: from aggregate of 7 different websites Here is the breakdown with timezones.
I also created a countdown timer: https://lee.earth/themerge/countdown_merge.html The way the merge will start is actually really interesting and best explanation I can find is on a stackoverflow question, source here: https://ethereum.stackexchange.com/questions/133429/what-exactly-will-trigger-the-merge Basically the block that is mined with a total difficulty exceeding what they call as the terminal total difficulty TTD ( as it stands it is 58750000000000000000000 ) will trigger the Proof of Stake consensus to take over block production, this is the beacon chain. Lots of info already but to sum it up. The merge will NOT reduce gas fees nor will it increase transaction time however it most likely increase staking APR and No there will not be a a complete breakdown due to withdrawal since this function is not set to kick in until later and I guess staggered. Note: I did not do any of these calculations and al the hard work was from the authors - I just aggregated and took the average. Even the idea of the taking the average was inspired by a question here where someone ask if there was an average of all the estimates- can't link since it triggers a auto removal. Source - I took all the results from these sites and average them. flexpool.io/the-merge-countdown [link] [comments] |
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