Vitalik Buterin Says The Merge date depends on the hash rate.
Vitalik Buterin, one of Ethereum’s co-founders, today announced that the terminal total difficulty (TDD) had been set to the value of 587500000000000000000000000 (23 zeroes). This indicates that about a fixed amount of hashes are left to be mined throughout the Ethereum PoW network.
Vitalik also said that the precise date of the merging is dependent on the hashrate, so it is quite possible that the merge may take place before the suggested date of September 15th as soon as the remaining number of hashes are mined.
“The terminal total difficulty has been set to 58750000000000000000000. This means the ethereum PoW network now has a (roughly) fixed number of hashes left to mine. bordel.wtf predicts the merge will happen around Sep 15, though the exact date depends on hashrate.”
The terminal total difficulty has been set to 58750000000000000000000.
This means the ethereum PoW network now has a (roughly) fixed number of hashes left to mine.https://t.co/3um744WkxZ predicts the merge will happen around Sep 15, though the exact date depends on hashrate. pic.twitter.com/9YnloTWSi1
— vitalik.eth (@VitalikButerin) August 12, 2022
As reported by The Crypto Basic, Terence Tsao, the Ethereum protocol developer, disclosed that the mainnet merging of Ethereum may take place sooner than was previously anticipated (Sep 19th). He said that the integration of Ethereum’s Proof-of-Work (PoW) to Proof-of-Stake (PoS) would most likely take place on September 15 or 16, 2022.
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Source: https://thecryptobasic.com/2022/08/12/vitalik-buterin-says-fixed-number-of-ethereum-hashes-left-to-mine-as-he-confirms-possibility-of-earlier-merge/?utm_source=rss&utm_medium=rss&utm_campaign=vitalik-buterin-says-fixed-number-of-ethereum-hashes-left-to-mine-as-he-confirms-possibility-of-earlier-merge