Ethereum’s Mainnet Shadow Fork 10 Goes Live in Preparation for the Merge

What To Expect From Ethereum's Supply After Proof-of-Stake Comes To The Network

As The Merge draws nearer, the Ethereum team has not relented in deploying preparatory upgrades and testnets. Barely two weeks after the Shadow Fork 9 went live, the Ethereum development team deployed the tenth shadow fork on the mainnet.

The tenth shadow fork is meant to test releases to be deployed in the Goerli merge

The tenth Shadow Fork went live at 11:45 AM (UTC) on July 26 – about 26 hours before the time it was slated to occur. The shadow fork materialized with an override of the Terminal Total Difficulty (TTD) at 54892065290522348390492 at block 15217902, as seen on etherscan.

Speaking on the update, DevOps at Ethereum Foundation, Parithosh Jayanthi, mentioned that the tenth shadow fork will help test the performance and stability of the upgrades that would eventually be deployed in the Goerli merge. The Goerli testnet merge is expected to occur on August 11, as noted by Ethereum developer Ben Edgington.

Jayanthi further highlighted the reason behind the early release of the tenth shadow fork – he cited an adjustment in computational power or the emerging hashrate, noting that either of the parameters could have quickened the process. Regardless, there were no issues recorded.

ETH whale addresses accumulation noticed as The Merge approaches

The tenth shadow fork is unlikely to be the last, as the community expects other shadow forks as a means of testing releases leading up to the Goerli merge. The final Merge, which would see the Ethereum Mainnet merge with the Beacon Chain PoS system, is expected to occur on September 19.

As the crypto community moves closer to the Merge, many enthusiasts have expectations, with the Ethereum team promising a lot of improvements post-Merge. Vivek Raman, the co-founder of Riseinvest, has also mentioned a few things to expect after the Merge, including ETH inflation drop from 4.3% to 0.22% and better security.

A few days back, cryptocurrency market analysis platform IntoTheBlock provided a chart showing massive accumulation in ETH whale addresses, possibly in anticipation of the Merge and a possible rally from ETH.

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn

Follow Us

Most Popular

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.
On Key

Related Posts

Breaking: Bitcoin (BTC) Price Risks Falling Below $21,000, Here’s Why

The Bitcoin (BTC) price can fall below $21,000 as the bear hug tightens. The price recently touched a high of $25,135 and retraced to a low of $23,243. The downward price trend has formed a regular bearish divergence with a short-term target of falling to $21,000-$20,000. The Crypto Market Fear and Greed Index has tumbled

BTC, ETH, DOGE: Why Major Cryptos Are Trading In Red Today?

Today’s slump in the price of crypto giants including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) has left investors disappointed. At the press time, BTC was trading at $23,379.13, down by 4.05% over the last 24 hours. Meanwhile, the price of ETH and DOGE was spotted trading at $1,845.20 and $0.082021, a decline of 5.11%

Ether (ETH) Falls for Fourth Consecutive Day, Is Merge Mania Ending?

After a strong rally in the last 45 days since the beginning of July 2022, the crypto market has once again come under selling pressure. The broader crypto market has been retreating for the fourth consecutive day in a row, including the top two giants Bitcoin and Ethereum. As of press time, Ether (ETH) is

Fidelity Chief Explains Why Bitcoin (BTC) Is Cheap At Current Level

Over the last 45 days since July 2022 beginning, Bitcoin and the broader cryptocurrency market have given a strong run-up. As of now, Bitcoin is currently facing resistance at $24,000. Jurrien Timmer, Director of Global Macro at Fidelity believes that Bitcoin is currently “cheap” as per the BTC adoption curve thesis. Timmer explains that Bitcoin’s