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ETH testnet Beacon Chain launched and ready for trial merge

ETH testnet Beacon C

ETH testnet Beacon Chain launched and ready for trial merge

The Sepolia testnet Beacon Chain has gone online, paving the way for a merging dress rehearsal that will provide Ethereum network engineers with crucial technical information.

The Sepolia testnet will begin establishing consensus using proof-of-stake (PoS) rather than proof-of-work (PoW) after combining with its dedicated Beacon Chain, providing evidence on what could happen when the Ethereum mainnet merges.
The Sepolia merger's exact date has yet to be confirmed.

Testnet merges are necessary for Ethereum developers and independent project developers who use the Ethereum network to understand what to expect when the mainnet merging occurs. The Ethereum mainnet merging will see the whole network migrate to PoS consensus, similar to the testnets, and should lower Ethereum's energy usage by 99.9%.

According to CoinGabbar stats, the price of ETH has increased by 7.68 percent in the last 24 hours, and is presently trading at $1,165.
Tim Beiko, a core Ethereum engineer, announced in April that the Ropsten testnet would be taken down and replaced by Sepolia over time. As a result, projects using Ropsten have been advised to shift their work to Sepolia in order to prevent difficulties.
Sepolia and Ropsten, for example, are public testnets that are meant to mimic the working parameters of their respective mainnets without causing any disruptions to the actual mainnet. The longest-running testnet, Ropsten, was created in 2016. On June 8, it underwent a merge trial run, which was the first of its kind for Ethereum.

The official Ethereum mainnet merging date has been pushed back multiple times. It is presently scheduled to be completed by August 2022, but owing to a separate delay in the difficulty bomb, that date may be pushed back much further. It will generate the Consensus Layer, formerly known as Ethereum 2.0, once it is finished.

The difficulty bomb is a feature of the Ethereum network that disincentivizes miners who use physical devices by dramatically raising the difficulty of creating a new block.

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