Developers have activated PoS via the Ropsten network in preparation for the highly anticipated transition from proof-of-work to Proof-of-Stake, dubbed “the merge”.

Ropsten now running Proof-of-Stake

Ropsten started running the proof of stake algorithm on Wednesday, June 8th after its PoW chains were combined with those of the PoS beacon chains.

Ropsten merge is used as an exercise for the mainnet merger. To verify that it works without glitches, client software teams have been testing Ethereum nodes on Ropsten.

Lighthouse, Lodestar and Prysm were among the client software teams that participated in this merger, as was Erigon, Prysm (geth), Erigon, Go-Ethereum (geth), and Nethermind.

Ethereum’s PoS Is Just Around the Corner

Ropsten’s successful merger opens the door to the Ethereum mainnet merging later in the year.

However, we expect to see other mergers on Goerli or Seoplia testnets in the next months before seeing the PoS on Ethereum mainnet.

PoW to PoS transition will stop ETH mining. Instead, it will reward the stakers. It will also reduce Ethereum’s energy consumption by 99.95%.

To The Flipside

• Mergers are closer now than ever with the Mainnet Bullish investorsAbout the ETH and increasing their stake. ETH traded at $1810 after rising by 0.5% in the past 24 hours.

Here is the 24-hour price chart for Ethereum (ETH). Source: CoinMarketCap

What You Need to Care About

Ethereum’s long-awaited historical event is about to happen. A successful first dress rehearsal can speed up the mainnet merger.

Read about investors’ forecast for ETH ahead of the merge below;

Crypto Community Forecasts Ethereum’s (ETH) Value to Hit $3,000 Before the Merge

Ethereum (ETH), Stashed in Consensus Layer Reaches 10 % of Circulating Supply

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