The long-awaited switch to proof-of-stake (PoS) on Ethereum has been repeatedly postponed. According to the latest rumors, the date has now been set for August this year. Vitalik Buterin, Ethereum’s co-founder, recently visited the ETH Shanghai Web 3.0 Developer Summit. He indicated at that presentation that the PoS transition is set to go live on Ethereum’s testnet Ropsten on June 8 of this year. Preston Van Loon, an Ethereum network core engineer, also announced at the Permissionless conference that the “Merge” transfer will take place in August if everything goes according to plan. At the Ethereum Summit, Vitalik Buterin declared, “This will be a significant test, more significant than any of the difficulties that we have done before; taking an extensive existing test network with many applications with proof-of-work, moving into proof-of-stake.” https://twitter.com/dumbwire/status/1528542756049629186 According to Ethereum co-founder Vitalik Buterin, expected delays are a possibility. The Merge is slated to take place in August of this year. He also made a point of mentioning the case of a delay. He said, “But of course, there’s always a risk of problems. There’s also a risk of delays. And so September is possible, and October is likely as well.” An Ethereum researcher also passed a comment on the possibility of a delay. Justin Drake stated that the team is ensuring that the Merge follows the deadline because it is the most...
