In roughly 65 days, there’s an opportunity Ethereum’s extremely anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), in any other case generally known as The Merge, might be applied. The data was shared through “a planning timeline” on Twitter, which famous the shift from PoW to PoS may occur on September 19. The supply stemmed from Ethereum Beacon chain group director, Superphiz, who additional harassed that The Merge “timeline isn’t remaining,” and that individuals ought to “look out for official bulletins.”
Supply: https://information.bitcoin.com/while-the-timeline-isnt-final-ethereum-could-implement-merge-on-september-19/
Ethereum builders urged the merge to proof-of-stake may happen the week of September nineteenth.
Do you assume that is the explanation ETH has rallied 31% previously 5 days?
