Ethereum Merge Scheduled to Launch in September

The most anticipated crypto event of the year has a tentative launch date. On a Consensus Layer Call today, developers set an estimated mainnet launch of September 15 to 16 for “the Merge.” The Ethereum Foundation’s Tim Beiko later confirmed the update in a tweet, confirming a targeted Total Terminal Difficulty of 58750000000000000000000. The Total Terminal Difficulty refers to the difficulty required to mine the final Ethereum block. At that point, the network will turn off Proof-of-Work and move to Proof-of-Stake.