Ropsten test network begins transition to PoS as part of Ethereum 2.0
This transformation will be a dress rehearsal of the core network’s transition to the new algorithm in August
Ethereum is starting to transition its oldest test network, Ropsten, to the new Proof-of-Stake consensus algorithm. The test merge can be seen in a YouTube broadcast. The transition of the core network to Ethereum 2.0, scheduled for August, will replicate this process exactly.
The Ethereum 2.0 upgrade is aimed at making the network faster, more efficient and more scalable. The system will be able to process more transactions and provide a higher level of security.
Ethereum 2.0’s phase 0, the Beacon Chain, was launched on 1 December 2020. With Phase 0, Etherium’s transition to Proof-of-stake (PoS) consensus began.
On 8 June, two blockchain codes, Ropsten and Beacon Chain, will be merged into the transition. This work is scheduled to be completed by the end of the day.
Once any problems encountered in the Ropsten merger have been fixed, the developers will move on to merging the other networks: Goerli and Sepolia.
The number of Ethereum coins blocked in the ETH 2.0 stack pending the network’s transition to the Proof-of-Stake algorithm has already exceeded 10% of the issue, amounting to 12.5 million ETH or around $25.9 billion.
