Ethereum developer Preston Van Loon said that The Merge will occur in August "if everything goes to plan"

Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. Van Loon told that the team was looking to make the transition before the so-called “difficulty bomb” would degrade the network as scheduled:

“As far as we know, if everything goes to plan, August — it just makes sense. If we don’t have to move [the difficulty bomb], let’s do it as soon as we can.”

Echoing this sentiment was fellow Ethereum researcher Justin Drake stated that ensuring the Merge went ahead quickly was a top priority, sharing his “strong desire to make this happen before difficulty bomb in August.”

If The Merge is successfully implemented in August, the final landmark on the roadmap for Ethereum, formerly known as Eth2, is the sharded chains upgrade slated to go live in early 2023. Until then, however, the network will continue to utilize layer-2 networks like Polygon and Optimism to handle scalability and high transaction volumes.

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Source: cryptonary.com