More Than 80% Ethereum Clients ready for the ETH Merge

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Last Updated on September 12, 2022 by Bitfinsider

As the Ethereum Merge approaches, Ethereum clients and developers prepare for the Paris upgrade and the Merge to go smoothly. Over 80% of Ethereum clients are now prepared for the Ethereum Mainnet (execution layer) to join the Beacon Chain (consensus layer). Furthermore, the ETH price rises as the Merge readiness has reached 99.64%.

According to the Ethereum Foundation’s Merge tracker, Ethereum will transition from PoW to PoS on September 14 at 23:36. Furthermore, the remaining blocks for mining are less than 17,000 in number.

Furthermore, according to OKLink’s Merge Countdown, the Ethereum Merge readiness is now 99.66% complete as Ethereum clients and developers push for the Merge’s successful implementation. The network hash rate has also dropped to 875 TH/s after recently reaching 900 TH/s.

Before the Paris upgrade, all network nodes must be upgraded with fixed and improved client releases.

The price of Ethereum (ETH) has risen nearly 15% in a week as support for the PoS transition grows. PoS is supported by DeFi platforms such as Aave, Uniswap, MakerDAO, and others. Support for any Ethereum PoW fork has also been rejected by the platforms.

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