CRYPTO NEWS: ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION.

THE ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION. ON AUGUST 18, THE ETHER ALL-CORE DEVELOPER MEETING ENDED LATE AS DEVELOPERS GOT READY FOR THE UPCOMING MERGE. THEY HAD NUMEROUS IMPORTANT CONVERSATIONS. 

IT ALSO COVERED THE REPERCUSSIONS OF THE PUNISHMENTS. TORNADO CASH WAS APPLIED TO THEM. THE TRANSITION TO ETHER POS DEVELOPERS TALKED ABOUT THE ISSUES THAT HAVE ARISEN SINCE THE MERGE TESTNET.

THE ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION:

ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION
ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION

TIM BEIKO, THE CORE DEVELOPER, AND CHRISTINE KIM, THE REPORTER, DISCUSSED THEIR PERSPECTIVES ON THE ACD COMMAND. THE LATTER STATED THAT TOTAL TERMINAL DIFFICULTY IS NOW CONFIRMED, AND THAT MERGE WILL START ON SEPTEMBER 15TH. 

HOWEVER, THIS DATE MAY CHANGE DEPENDING ON CHANGES IN THE NETWORK HASH RATE. THE ETA FOR 58750000000000000000000 REMAINS AT 9/15 DESPITE ANY MINOR VARIATIONS IN HASH RATE. SO, IT IS CONFIRMED THAT TOTAL TERMINAL DIFFICULTY EXISTS.

EVERYTHING ABOUT THE ETHER MERGE:

ONE OF THE MOST IMPORTANT CRYPTOCURRENCY MARKET OCCURRENCES IS THE ETHER MERGE. IT BECAME THE CURRENT FOCUS AFTER ONE BLOCKCHAIN NETWORK REGRESSION WAS IDENTIFIED. ACCORDING TO A TWEET FROM AN ETHER DEVELOPER, THIS UPGRADED MODEL CONTAINS A PROBLEM. HE TWEETED ABOUT IT. HE SUGGESTED THAT IT MIGHT BE AS A RESULT OF ONE OF THE PULL REQUESTS BEING MERGED IN FAVOUR OF THE ONLINE PRUNER OR THE NEW STORAGE MODEL.

ONE OF THE MOST IMPORTANT EVENTS IN THE CRYPTOCURRENCY SECTOR IS THE UPCOMING ETHER MERGE. THIS IS AS A RESULT OF INVESTORS’ CONTINUED FOCUS ON DATA STORAGE SYSTEM ADVANCEMENTS. THEY ARE ALSO EXAMINING THE ENCRYPTION OF THE BLOCKCHAIN NETWORK.

THE ETHER CRYPTOCURRENCY MARKET INDICATED A RISING TENDENCY. THE BRAND-NEW BUG WAS NOTED. IT PRESENTS A FEW SPECIAL DIFFICULTIES FOR THE DEVELOPERS. THE ETHER DEVELOPMENT TEAM RESPONDS QUICKLY ENOUGH TO TAKE THIS BUG INTO ACCOUNT. TO CORRECT THIS UPGRADE, THEY PUBLISHED A SINGLE HOT PATCH.

AFTER INVESTIGATING THE PATCH, THE SOFTWARE DEVELOPER POSTED IT ON TWITTER ONCE MORE. HE INFORMED OTHERS ABOUT THIS FLAW. AS A RESULT, THE DATABASE’S DATA WAS LOST. HE ADDED THAT THE DATABASE CORRUPTION CAUSED BY THIS FAULT WOULD AFFECT USERS OF ALL RELEASES. DATA LOSS BECAME A PROBLEM DURING THE SHUTDOWN. AS A RESULT, IT EVADED DETECTION IN THE TESTS THE ETH DEVELOPER DID.

THE FLAW HAS BEEN RECTIFIED, ACCORDING TO THE GO ETHER TEAM’S TWITTER ACCOUNT. THEY MADE A HOT PATCH UPDATE AVAILABLE. GIVEN THAT THE STATE CORRUPTION IN THE EARLIER VERSION HAD BEEN RECTIFIED, THEY ADVISED USERS TO UPDATE TO GETH V1.10.23 RATHER THAN V1.10.22. 

USERS WHO HAVE ALREADY UPDATED TO VERSION 1.10.22 MUST GO BACK AND RERUN THE TESTS TO MAKE SURE THERE ARE NO PROBLEMS. THE CREATORS OF ETHER ADVISE USERS TO HOLD OFF UNTIL THE BUILDERS ARE CERTAIN THAT THE NEW VERSION IS FLAWLESS AND READY TO USE BEFORE PROCEEDING. A DEVELOPER FOR ETHER ISSUED A TWITTER APOLOGY. IT WAS FOR FAILING TO CATCH THIS SPECIFIC BUG DURING THE TESTING PHASE.

THE BITCOIN MARKET WAS STRAINED BY THE UPDATE TO FIND A FLAW IN THE ETHER MERGE. THE ETHER MERGE WILL PUT STAKES IN ETHER IN DANGER. IT MIGHT BE REGULATING INTEREST RATES IN THE WEB3 MARKET. THE MINERS ARE UNCERTAIN ABOUT STAKING OR DELIVERING POW WHILE THEY MINE DUE TO THE UPCOMING ETHER MERGE. 

THE MERGE WILL SOON TAKE PLACE. THE EFFECT IT HAS ON THE BITCOIN MARKET WILL DETERMINE WHETHER IT EXPERIENCES A BULL OR BEAR MARKET.

THE MERGER EVENT WILL OCCUR SOON:

ACCORDING TO TIM BEIKO, THE COMMAND INCLUDES PROTOCOL-LEVEL CENSORSHIP IN ADDITION TO EVERYTHING RELATED TO MERGE AND MEV-BOOST. IT ANSWERS A FAR MORE LOGICAL CONCERN ABOUT ETHER’S GOVERNANCE. HE PROVIDES INFORMATION ABOUT THE UPCOMING SEPOLIA MERGE. 

IT WAS INITIALLY PLANNED TO TAKE PLACE ON AUGUST 18. IT WAS POSTPONED UNTIL AUGUST 21. THIS OCCURRED AS A RESULT OF SOME VALIDATORS BECOMING OFFLINE. AT FIRST, ZOLTU EXPRESSES DISSATISFACTION WITH ME’S CENSORING OF TRANSACTIONS ON ETHER.

CONCLUSION ON THE ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION:

ACCORDING TO DIFFERENT ETHER DEVELOPERS, THE PREPARATIONS FOR THE MERGE’S IMPLEMENTATION ARE WELL UNDERWAY, AS SEEN BY THE SPECIFICS. FOR THEM, THE ULTIMATE URGE TO RELEASE MERGE IS A HEAVY LOAD. IT’S BECAUSE THE EVENT HAS BEEN POSTPONED FREQUENTLY DURING RECENT MONTHS. 

ETHER HAS BEEN PARTICULARLY HEAVILY HIT DURING THE SALES ON AUGUST 19TH, GIVEN THE PRICE. ANALYSTS CLAIM THAT THE LARGEST ALTCOIN BY MARKET CAPITALIZATION LOST DIRECT SUPPORT WHEN IT DROPPED BELOW $1600 AND LOST 3 PERCENT ON THE PREVIOUS DAY. ADDITIONALLY, YOU SHOULD CHECK OUT THE BITCOIN TRADING PLATFORM BITCOIN MILLIONAIRE IF YOU ARE NEW TO CRYPTOCURRENCY TRADING AND INVESTMENTS.

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CRYPTO NEWS: ETH DEVELOPERS ALLEVIATE THE SELLING OBSESSION.

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