- The Ethereum Merge is delayed yet again.
- Tim Beiko said that the devs on the project are in the final stretch.
- Beiko added that the challenges are also due to the difficulty bomb, which might delay The Merge even further.
The Ethereum Merge that everyone has been waiting for is being delayed yet again. Developers are working on the upgrade and it is estimated to reach completion “a few months after” June.
Considering the successful testing phase of the project, people were expecting the merge to go through by mid-year. This is, however, not the case. People are surprised by this latest setback as the Proof-of-Stake (PoW) migration has been delayed constantly ever since it was first proposed.
Even though there have been setbacks, the signs are still very positive that the Ethereum mainnet will actually merge with the beacon chain to become a Proof-of-Stake (PoS) network sometime this year.
Tim Beiko, an Ethereum developer, provided some reassurance when he posted on Twitter (NYSE:TWTR) yesterday and said that the devs are in the final stretch of completing the project.
He also said that “It won’t be June, but likely in the few months after. No firm date yet, but we’re definitely in the final chapter of PoW on Ethereum.”
These comments caused quite the stir not only among Ethereum supporters but also among detractors. This led Beiko to follow up his previous comments by saying that “it can be hard to parse the progress in The Merge when you aren’t deep in the process.”
Beiko added that the challenges in the project are also due to the difficulty bomb (an automated increase in mining difficulty designed to make PoW mining less attractive).
According to Beiko, these difficulty bombs will be noticeable on Ethereum around May and make blocks extremely slow. If these blocks are too slow, The Merge might have to be delayed again.