ETH Goerli testnet merge completes

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ETH Goerli testnet merge completes

The ETH Goerli testnet completed its merger with the Proof-of-Stake consensus mechanism in the early hours of August 11.

Goerli is one of the most active ether testnets. The merge was completed around 1: 45 UTC after Terminal Total Difficulty TTD exceeded 10,790, 000.

The testnet merge was started on August 4 after Bellatrix upgraded to Prater, the Goerli beacon chain.

It wasn't without some minor issues. MariusVanDerWijden tweeted that he is an ethereum developer.

Wijden said that the developers were looking into what happened.

The likelihood of the final merge happening in mid-September has increased because of the success of the Goerli testnet merge.

The event was called the most significant upgrade in the history of the network, according to the Ethereum Foundation.

Vitalik Buterin's father, Dima Buterin, said :

The asset was up by 12% to $1886 as of press time, as of the news of the merger.

Since the merger, the positive sentiment surrounding ETH has been reinforced by the positive run.

ETH is up 70% over the last 30 days, for context.

The upcoming merger of ether has changed the feelings surrounding the industry.

The current rally could be attributed to speculation as traders race to make profits ahead of the upcoming merger. The broader industry might have found a bottom thanks to the merger ofEthereum. It wrote a note to clients on August 8th.