In 2022, is planned one of the most important moments for Ethereum: the Merge.
The Beacon Chain will merge into the Mainnet.
And we complain about Git conflicts.
Ethereum enthusiasts are waiting for it as Marvel fans were waiting for "Avenger Endgame".
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Table of Contents
What is the Merge?
Merging with Mainnet
After the merge
When?
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What is the Merge?
The Mainnet currently works with the proof-of-work consensus.
The Beacon Chain, already shipped in 2020, runs in parallel using proof-of-stake.
The MERGE is when these two systems will collapse in a single one.
Merging with Mainnet
The Mainnet will:
- merge with the Beacon Chain
- become its own shard, and start using proof-of-stake
- run smart contracts (with history and state) into the proof-of-stake system.
The transition will (hopefully) be small for all the users.
After the merge
Goal: Replace proof-of-work with proof-of-stake (more sustainable).
A cleanup phase is expected after the merge.
This could slow the release of other features.
Ethereum will be one step closer to achieving its vision to be:
- full scale
- secure
- sustainable
When is the Merge Happening?
This upgrade is the official switch to proof-of-stake consensus.
This eliminates the need for energy-intensive mining,
The network will be secure using staked ether.
This is planned for Q2 2022
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Shard chains could decide the future of the Ethereum blockchain (in a positive or negative sense).
Here are the concepts of sharding.
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Table of Contents
- What is sharding?
- Basic concepts
- When is sharding shipping?
- Everyone can run a node
- Sharding & Validators
- More devices => More security
- Shards & Beacon Chain
- Shards & The Merge
What is sharding?
"Sharding" is the process of splitting a DB horizontally to spread the load.
For Ethereum, sharding will create new chains (the shards)
Sharding will:
📉 reduce network congestion
📈 increase transactions per second