Ethereum developers announced the successful transition of the Ropsten test network to the Proof-of-Stake consensus algorithm. Now, not miners, but validators are responsible for confirming operations.
As part of transition On the testnet, the Proof-of-Work (PoW)-based Ropsten chain merged with the Proof-of-Stake (PoS) “signal chain” Beacon Chain. As a result, the test network began to work on the PoS algorithm, and, as emphasized Ethereum lead developer Tim Beiko, after the merger, transactions are successfully confirmed in the blockchain.
A large number of software clients for the Ethereum network are participating in testing – Lighthouse, Lodestar, Prysm, Teku, Besu, Erigon, Go-Ethereum (Geth) and Nethermind. Later, a similar transition will be carried out for the main network of the second cryptocurrency. However, before that, the developers want to transfer two more public testnets to PoS.
“Of course, the network has been up and running for several hours, but this does not yet indicate the complete success of the merger. There are many long-term issues like MEV and staking centralization, DDoS protection, and other issues that could potentially cause damage even 3 weeks after the merger,” said Ethereum co-founder Vitalik Buterin.
Earlier, Bits.Media published a large-scale material on the transition of Ethereum to PoS, which discusses what the crypto community can expect and what ordinary users will actually have to face.
Source: Bits

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