Ansgar Dietrichs, a researcher at the Ethereum Foundation, said in a tweet that the most relevant metric for success when it comes to a test like this is looking at time to completion. He called it “another successful test.”
The activation of PoS (Proof of Stake consensus) on the Georli testnet is the last step that needed to be done before the ETH developers began the process of merging the current Ethereum into the Proof of Work (PoW) consensus. with the chain of beacons that already works in PoS. The change is expected to be fully implemented next month, on September 19.
The co-founder of Ethereum, Vitalik Buterin, retweeted a post saying that the proof had triggered the proof-of-stake method. In another tweet, Tim Beiko, a computer scientist who coordinates the Ethereum developers, posted a screenshot suggesting that the test had been successful. Kunal Goel, a research analyst at cryptocurrency intelligence firm Messari, also said that the Goerli test had been passed.
With the transition from Ethereum to PoS, investor interest in this cryptocurrency is also increasingwhich was also confirmed by the recent numbers of crypto funds, which recorded the seventh consecutive positive week in the case of ETH funds.
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Source: Ambito
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