{"id":225638,"date":"2022-03-19T12:00:10","date_gmt":"2022-03-19T12:00:10","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=225638"},"modified":"2022-03-19T06:22:29","modified_gmt":"2022-03-19T06:22:29","slug":"five-reasons-why-the-ethereum-merge-will-occur-in-june","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/five-reasons-why-the-ethereum-merge-will-occur-in-june\/","title":{"rendered":"Five reasons why the Ethereum Merge will occur in June"},"content":{"rendered":"<p>The Kiln testnet was launched on the 10:th of March, and developers have now successfully completed a transition from the proof-of-work consensus mechanism to the looming proof-of-stake mechanism that the real <a href=\"https:\/\/cryptoslate.com\/ethereum-pos-testnet-kiln-launched-merged-and-kickin\/\">Ethereum<\/a> mainnet will merge to sometime this year.<\/p>\n<p>With Kiln being the final testnet, there seem to be no major obstacles for the developers to get passed before a date, or rather block height, can be set for the actual merge. According to a <a href=\"https:\/\/www.reddit.com\/r\/ethstaker\/comments\/tbql1n\/five_indicators_that_the_ethereum_merge_will\/\">post<\/a> on Reddit by user \u201c<a href=\"https:\/\/www.reddit.com\/user\/superphiz\/\">superphiz<\/a>\u201d, beyond the tests on Kiln, there are five additional indicators that the Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) merge will occur in June.<\/p>\n<h2>&#8220;It's really, actually very close\u201d<\/h2>\n<p>On February 19, at the EthDenver conference, Ethereum researcher and implementation organizer <a href=\"https:\/\/twitter.com\/dannyryan\">Danny Ryan<\/a> held a presentation titled &#8220;Ethereum Proof-of-Stake and our Solar Punk Future&#8221;.<\/p>\n<p>The talk is worth listening to in its entirety, but at <a href=\"https:\/\/youtu.be\/8N10a1EBhBc?t=810s\">13:30<\/a> into the presentation, Ryan says &#8220;It's really, actually very close. I think he's [the difficulty bomb] going to be impeccably timed. The difficulty bomb is set to go off, to begun to be felt, sometime in June, sometime in July.&#8221;<\/p>\n<p>It\u2019s evident that Ryan doesn't expect a difficult bomb adjustment, and that the merged fork will occur in enough time to disarm the difficulty bomb.<\/p>\n<p>The difficulty bomb is a <a href=\"https:\/\/cryptoslate.com\/cryptos\/proof-of-work\/\">proof-of-work<\/a> protocol mechanism put in place to discourage proof-of-work miners from continue producing blocks on the post-merge proof-of-work blockchain, but rather transo\u00edtion their resources to produce blocks on the new <a href=\"https:\/\/cryptoslate.com\/cryptos\/proof-of-stake\/\">proof-of-stake<\/a> chain. The \u201cbomb\u201d raises the mining difficulty to such levels that producing blocks becomes economically unfeasible.<\/p>\n<p>If proof-of-work miners keep producing blocks on the old chain, there will be no complete merge but rather i split \u2013 the old proof-of-work Ethereum will continue running and that\u2019s something the Ethereum developers want to avoid at all costs.<\/p>\n<h2>Why was Kiln pushed back ten days?<\/h2>\n<p>Second, on the Consensus Layer <a href=\"https:\/\/www.youtube.com\/watch?v=SEVY6-Zr2OM&t=575s\">Call #83<\/a> on the 10th of March, <a href=\"https:\/\/twitter.com\/benjaminion_xyz\">Ben Edgington<\/a>, product owner for the proof-of-stake client Teku, pointedly asked Danny Ryan why Kiln was pushed back ten days.<\/p>\n<p>&#8220;Just a quick recap on why it was pushed back ten days or so, because this is not what we agreed at the last meeting and I'm very mindful of little delays?&#8221; Edgington asked.<\/p>\n<p>Ryan\u2019s answer was that they were completing some technical items and needed to engage with the wider community, but it's really the question that's more telling. The fact that implementers are counting days tells us that they are working diligently to meet the June goal.<\/p>\n<p>Third, the <a href=\"https:\/\/github.com\/ethereum\/pm\/blob\/master\/Merge\/mainnet-readiness.md\">Merge Mainnet Readiness Checklist<\/a> is nearing completion. Evaluating this checklist can be tricky because one cannot just compare &#8220;checked&#8221; versus &#8220;unchecked&#8221; boxes to estimate completion, but if we read the items carefully we'll recognize that the most difficult items have been completed.<\/p>\n<h2>Kiln is widely expected to be the final testnet<\/h2>\n<p>Forth, on March 10, <a href=\"https:\/\/twitter.com\/vdWijden\">Marius Van Der Wijden<\/a>, core developer on the Prysm client, announced the launch of the Kiln public merge testnet, as mentioned above. This is widely expected to be the final testnet before the existing testnests such as Goerli and Ropsten.<\/p>\n<p>According to \u201csuperphiz\u201d, anyone who has observed these events before will know that those testnets are merged with a launch-ready product. While we don't know the planned timing for those testnet launches, it is very reasonable to expect a two-week delay between each testnet merge.<\/p>\n<p>Fifth and final, the difficulty bomb is specified in <a href=\"https:\/\/eips.ethereum.org\/EIPS\/eip-4345\">EIP-4345<\/a> and suggests that the time between blocks will begin increasing around June 2022. Because the bomb goes off slowly and is based on block numbers (rather than clock time) it's difficult to predict what the slow-motion explosion will look like in real-time.<\/p>\n<h2>Developers will be pushing against the clock in June<\/h2>\n<p>The difficulty bomb is put in place as an accountability mechanism to urge major upgrades to completion. Developers will be pushing against the clock in June to determine if they should do a hard fork to move the difficulty bomb, or use the rare hard fork opportunity to implement the merge.<\/p>\n<p>At this time, there is no public statement of anyone encouraging moving the difficulty bomb without also implementing the merge. If we reach July without a merge date we'll all need to pop some popcorn.<\/p>\n<p>\u201cAll of these indicators strongly suggest that the merge is on track and will be deployed in June 2022. Here's a funny thing about my prediction: I'd rather steadfastly predict June and be wrong, than lower the community expectation and be right. Let's keep pushing for June,\u201d \u201csuperphiz\u201d concludes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kiln testnet was launched on the 10:th of March, and developers have now successfully completed a transition from the proof-of-work consensus mechanism to the looming proof-of-stake mechanism that the real Ethereum mainnet will merge to sometime this year. With Kiln being the final testnet, there seem to be no major obstacles for the developers [&hellip;]<\/p>\n","protected":false},"author":962,"featured_media":225640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,61713,37],"tags":[76128,72190,77504,77241,77518,77519,77468],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Five reasons why the Ethereum Merge will occur in June<\/title>\n<meta name=\"description\" content=\"With the Ethereum Kiln testnet running, a merge test run completed successfully, and no major hurdles remaining, all seems lined up for The Merge to start as when all tests are done.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/five-reasons-why-the-ethereum-merge-will-occur-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five reasons why the Ethereum Merge will occur in June\" \/>\n<meta property=\"og:description\" content=\"With the Ethereum Kiln testnet running, a merge test run completed successfully, and no major hurdles remaining, all seems lined up for The Merge to start as when all tests are done.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/five-reasons-why-the-ethereum-merge-will-occur-in-june\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-19T12:00:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-19T06:22:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/ethereum-merge.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laszlo Dobos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Laszlo Dobos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/five-reasons-why-the-ethereum-merge-will-occur-in-june\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/five-reasons-why-the-ethereum-merge-will-occur-in-june\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/#person\",\"name\":\"Laszlo Dobos\",\"url\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-300x300.jpg\",\"caption\":\"Laszlo Dobos\"},\"jobTitle\":\"Reporter\",\"description\":\"Educated in computer engineering, Laszlo began developing an interest for crypto and blockchain technology back in 2013. 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Dobos","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-150x150.jpg","caption":"Laszlo Dobos"},"description":"Educated in computer engineering, Laszlo began developing an interest for crypto and blockchain technology back in 2013. Lars started writing about IT and IT-security as a full-time tech journalist and editor in 2007. He's a self-employed entrepreneur and writer deep down the famous rabbit hole. When he's not spending too much time in the crypto space or reading history books, Lars enjoys the outdoors, food and hanging out with friends.","url":"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/225638"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/962"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=225638"}],"version-history":[{"count":7,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/225638\/revisions"}],"predecessor-version":[{"id":225807,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/225638\/revisions\/225807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/225640"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=225638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=225638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=225638"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=225638"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=225638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}