In roughly 65 days, there’s an opportunity Ethereum’s extremely anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), in any other case referred to as The Merge, could possibly be applied. The knowledge was shared by way of “a planning timeline” on Twitter, which famous the shift from PoW to PoS might occur on September 19. The supply stemmed from Ethereum Beacon chain neighborhood director, Superphiz, who additional pressured that The Merge “timeline isn’t ultimate,” and that folks ought to “look out for official bulletins.”
Supply: https://information.bitcoin.com/while-the-timeline-isnt-final-ethereum-could-implement-merge-on-september-19/
Ethereum builders advised the merge to proof-of-stake might happen the week of September nineteenth.
Do you suppose that is the explanation ETH has rallied 31% previously 5 days?
