Real-time Ethereum Merge Countdown With Merging Pandas Is Now Available On New Google Upgrade

The most recent Google Search upgrade, which includes a real-time Ethereum Merge countdown with merging pandas, was displayed by Sam Padilla, a blockchain developer for Google Cloud, on this Twitter account. “Everyone is so happy for what is coming and thankful for the work that has been going into this for years,” Padilla said in reference to the “Ethereum folks,” calling it a “little surprise.”

The final countdown for the change, which was also implemented by the Google team in its most recent release, began as the penultimate shadow fork test before the Ethereum Merge went live.

Based on its hashrate of 859 TH/s and current difficulty levels, the Ethereum Merge is now 2 days and 22 hours away as of the time of publication.

On September 9, the thirteenth shadow fork went live, copying the information about the Ethereum mainnet’s present status.

In his most recent Merge update, Ethereum developer Tim Beiko said that Kiln, a testnet launched in early 2022 for the Ethereum Merge protocol, would be shut down the week of September 12, 2022. In addition, the developer announced that the testnets Ropsten and Rinkeby would be drawn out in Q4 2022 and Q3 2023, respectively.

Prior to the Ethereum Merge PoS transition, the market is down.

According to co-founder Vitalik Buterin, the switchover of Ethereum from proof of work to proof of stake is anticipated to occur between September 13 and September 15.

Many people worry that the change to proof-of-stake won’t be enough to cause deflation in Ethereum at the current price levels. Particularly after Bitcoin again dropped below $20,000, adding to the recent notion that “crypto is dead.” Despite the fact that cryptocurrency has been referred to as “dead” more than 20 times in 2022 and 461 times overall since it has been covered by the media, a sizable portion of the population is still positive about the outcome.

“A lot of people think this thing will be dead on arrival, which I don’t totally agree with, but I think it’s going to instantly suffer a lot of selling pressure,” said Thomas Dunleavy, a senior research analyst at Messari, in reference to the Merge.

Price action and on-chain metrics

As the Merge approaches, Be Crypto recently announced that the number of ETH wallets holding more than 1,000 ETH increased to a 15-month high.

According to data from IntoTheBlock, the factors that demonstrate that 58% of holders are profitable at the present price levels and that whales possess 40% of total Ethereum holdings are optimistic for the coin. However, at the time of writing, signals related to significant transactions and net network expansion are still pessimistic.

On CoinGecko, the price of Ethereum has remained between $1,720 and $1,784 for the past 24 hours. Despite a 20% increase over the previous two weeks, there have been slight losses during the last day for the second-generation coin.

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Source: https://www.thecoinrepublic.com/2022/09/23/real-time-ethereum-merge-countdown-with-merging-pandas-is-now-available-on-new-google-upgrade/