Ethereum Merge Upgrade Goes Live on Goerli Testnet, ETH Eyes $2,000 As Whales Accumulate

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On Wednesday, August 10, Ethereum completed its final dress rehearsal of the Merge upgrade of the Goerli testnet. This gives developers a green light to proceed with the Merge upgrade on the Ethereum mainnet scheduled on September 19.

The Goerli testnet just simulated the process identical to what shall happen on the Ethereum mainnet in September. Testnets allow developers to try new things and make necessary changes before the update rolls out to the mainnet. “Goerli has this badge of a bottom-up testnet,” said Josef Je, a developer who worked with the Ethereum Foundation.

The latest development brings Ethereum a step closer to the Proof-of-Stake (PoS) transition. The PoS Ethereum 2.0 will come with enhanced performance efficiency, better network scalability, lower gas fee, and a lot more benefits.

Ansgar Dietrichs, a researcher with the Ethereum Foundation, called it “another successful test”.

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