The Merge: Binance Prepares for Migration from Ethereum to PoS

While the crypto community is eager to witness the Ethereum merger, some changes are announced. The Ethereum PoW team revealed in particular that the fork of the network subject to the Proof-of-Work consensus will take place at the last moment. This decision puzzled some developers.

Ethereum PoW Team Announces Official Fork Date

The Ethereum PoW team announced on Twitter that the Proof-of-Work consensus fork will take place 24 hours after The Merge. The idea is to allow enough time for the chainID change of the Ethereum (ETH) network to take place. The Ethereum PoW team also reported that the final blockchain code will be released at the last minute. Once the ETHW chainID increases to 10001, more items can be made available.

https://twitter.com/builder__news/status/1569577881294245889

Apart from the final code, the community will notably have access to configuration files and binaries. It will also be able to access data on network nodes and explorers. The commissioning of the blockchain will take place after the processing of 2,048 empty blocks. Block 2049 will then be the first to contain transactions on the network after the Merge.

For some developers, waiting until the last moment to launch the Ethereum PoW fork and release the final code poses a serious problem. Roberto Bayardo, a senior software engineer at Coinbase, commented that using the same chainID after the merger is risky. But, according to the Ethereum PoW team, there is no need to worry. She said steps are being taken to avoid potential problems.

The team behind the Ethereum merger has announced that it will be necessary to wait for the Merge to take place for the availability and activation of the Ethereum PoW fork code. Although she tried to reassure the crypto community, many users criticized her decision.

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