[ccpw id="39382"]

HomeCrypto NewsMarketEthereum Sets Bellatrix Upgrade And Terminal Total Difficulty Values In Preparation For Final Merge Event

Ethereum Sets Bellatrix Upgrade And Terminal Total Difficulty Values In Preparation For Final Merge Event

Date:

Written By:

 

Ethereum developers have scheduled the parameters for Bellatrix and Paris upgrades to be met during the upcoming network merge.


- Advertisement -

The long-awaited Ethereum Merge event is finally here. The merge is expected to usher in the era of PoS (Proof-of-Stake) system model on Ethereum 2.0. This follows a plan by Ethereum to move away from the energy-intensive PoW (Proof-of-Work) operating model.

According to a blog post sent out by Ethereum’s team, the merge event will happen in two phases, namely the Bellatrix upgrade followed by the Paris upgrade. The Paris upgrade is the ultimate event that will trigger the fork. However, each of the two upgrades will only happen after specific parameters are met. All public testnets have been successfully updated ahead of the merge slated for September.

The Bellatrix Upgrade

- Advertisement -

For the merge event to properly execute, it must first be deployed on Ethereum’s Beacon Chain with the Bellatrix upgrade. The Bellatrix upgrade is expected to occur on the Beacon Chain at epoch 144896 early on September 6.

The Paris Upgrade

Next will be the Paris upgrade, otherwise known as the Terminal Total Difficulty value, to be reached in order to trigger the hard fork that will usher in the Merge. This value is set at 58750000000000000000000 and is expected to be reached between September 10 and 20. In simple words, the TTD is the difficulty level of solving a problem that miners have to deal with to win a block reward. More miners on the network mean higher TTD due to competition. The vice versa is true.

Once the TTD value is achieved, the Beacon Chain validator will finalize the current block, after which the Merge event will be considered complete.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

More from Author

Latest Stories

Guides