🤖AI Summary
Ethereum is transitioning from proof-of-work to proof-of-stake through The Merge, which requires the Bellatrix upgrade on the Beacon Chain first. The proof-of-work chain will then migrate to proof-of-stake when a specific Total Difficulty value is reached, with the Bellatrix upgrade scheduled for epoch 144896.
Key Takeaways
- →Ethereum is officially transitioning from proof-of-work to proof-of-stake consensus mechanism.
- →The Merge process requires the Bellatrix upgrade to be activated on the Beacon Chain first.
- →The proof-of-work chain will migrate when it hits a predetermined Total Difficulty value.
- →The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain.
- →This represents one of the most significant upgrades in Ethereum's history.
Read Original →via Ethereum Foundation Blog
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