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Ethereum: Can the upcoming ‘Merge’ pull ETH back from the abyss
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Ethereum [ETH], the largest altcoin, has HOLDers that have placed their faith in the upcoming Merge to aid the bleeding price. At press time, ETH declined by a staggering 16% as the price dropped to the $1,238 mark. Now, given the delay in this transition, ETH could have a different journey ahead…
Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade. They set the delay to two months to “be sure that we sanity check all the numbers before selecting an exact delay and deployment time,” according to core developer Tim Beiko.
<p lang=«en» dir=«ltr» xml:lang=«en»>In short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an exact delay and deployment time, but we are aiming for a ~2 month delay, and for the upgrade to go live late June.— Tim Beiko | timbeiko.eth
Read more on ambcrypto.comAbout this in other media
High Gas Prices Hit Demand as Drivers Cut Back at the Pump wsj.com /2 years ago
Ethereum testnet Beacon Chain launched and ready for trial merge cointelegraph.com /2 years ago
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