A brief overview of Ethereum’s development:
The Beacon Chain launched on December 1, 2020. On September 15, 2022, “The Merge” was completed, switching Ethereum from proof of work to proof of stake.
An Ethereum upgrade often includes several EIPs. It runs on a testnet for a while first, and the mainnet activation time is set only after confirming there are no issues.
Be wary of messages saying “you need to migrate your tokens for the upgrade”: Ethereum network upgrades do not require users to migrate any tokens.
$ETH 2063.85(-2.92%)
The Beacon Chain launched on December 1, 2020. On September 15, 2022, “The Merge” was completed, switching Ethereum from proof of work to proof of stake.
An Ethereum upgrade often includes several EIPs. It runs on a testnet for a while first, and the mainnet activation time is set only after confirming there are no issues.
Be wary of messages saying “you need to migrate your tokens for the upgrade”: Ethereum network upgrades do not require users to migrate any tokens.
$ETH 2063.85(-2.92%)
