The final countdown to EthereumMerge is on. The Bellatrix upgrade was activated on Tuesday, marking the beginning of Ethereum’s long-awaited transition from proof-of-work to proof-of-stake.
The Bellatrix upgrade prepares Ethereum's PoS Beacon Chain – also called its Consensus layer – for a Merge with Ethereum's mainnet Execution layer.
The Terminal Total Difficulty value triggering the Merge has been set at 58,750,000,000,000,000,000,000. This number, which will represent the cumulative difficulty of all mined Ethereum blocks, is expected to be reached somewhere between Sept. 13-16.When the TTD number is reached, the network will merge its Execution layer with the new PoS Consensus layer, allowing the chain to continue on with a new system for issuing and authenticating blocks of transactions.
According to the Ethereum Foundation, a non-profit organization funding Ethereum ecosystem development, the Merge will cut the network's energy usage by 99.95% and set the stage for further improvements to its core infrastructure.on Ethereum's PoW network will increase to the point where mining new blocks will no longer be possible.
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