Ethereum Devs Pencil In September Date For Merge

Members of the Ethereum community have set their sights on a new date for the blockchain’s long-awaited Merge.Come September 19, the network is expected to merge from its current state as a proof-of-work (PoW) blockchain to an energy-efficient proof-of-stake (PoS) network. The Beacon Chain is the PoS version of Ethereum currently running in parallel to the PoW-based mainnet. It launched in December 2020, marking the beginning of the multi-stage upgrade.The Merge event planned for September will effectively move Ethereum activity over to the Beacon Chain.