MAJOR UPDATES – ETHEREUM CORE DEV MEETING140 was held earlier today (10th June 2022).
This is my 20 minute overview of the 1hr 50 meeting and key take outs:
▶ 1st of 3 test net merges ‘Robsten fork’ completed on 8th June.
▶ Largely successful
▶ Known issues:
b)Zero transaction blocks
c)Mis-timed blocks (across the request block–fill block–seal block
▶Developers expecting 2-5 weeks to fix/stabilise issues
▶Sepolia Beacon Chain expected to me launch end of June and merge date around mid July
▶ Georli test net merge could be around Mid August
▶ My personal view is merge could happen around September/October, it could be earlier but alot of things have to go perfect, and is some more issues occur it could of course be later….but overall the chance of being delayed to 2023 is unlikely but not impossible
▶Difficulty bomb was agreed to be delay!!💣 hard fork to be done expected end of June and expected to be for 500,000 more blocks or around 2.5-3 months until it increases block times again. So 2 more weeks of increase block times, then 2.5 to 3 months of around 13 second block times before we start to see increase again. Good news for miners but not enough to offset current crypto prices – ouch!!!
What to you all think of today call?
Thanks for watching!
▶Full original live stream:
▶Eth merge key steps:
🔔 Subscribe to keep update with the latest from OZ Mining: https://www.youtube.com/channel/UC7IMM3z3_fGTflBjukQMzJw?sub_confirmation=1
⏩ Crypto Overview: https://coincheckup.com/coins/
⏩ Whattomine site: https://whattomine.com/
⏩ Mining Pool Stats: https://miningpoolstats.stream/
▶Referral links which help support channel:
⚠ Remember this is not financial advice, do you own research and consult a financial advisor as required before investing ⚠
#Ethereum #cryptocurrency #breakingnews #ethmerge #Bitcoin #follow #HIVEOS #follow #hot #GPUminingRigs #Miningrigs #nicehash #overclocking #afterburner #AMD #eth #btc #Bios #hiveos #MSI #gpumining #miningfarm #youtubechannel #youtube #love #follow #fun #rx580 #AMD #GPUmining #news