Ethereum ‘Merge’ Gets Closer with Kiln Testnet’s Latest Launch

The highly anticipated ‘Merge’ on the Ethereum network is another step closer to reality after the latest public testnet Kiln launched to test it.

On March 14, the Ethereum Foundation insisted network stakeholders to conduct tests using Kiln “to ensure a smooth transition to existing public test networks.”

“We strongly recommend that developers go through a full test and deployment cycle on Kiln and report any issues with tools or dependencies to the administrators of those projects.”

Ethereum Developer Tim Beiko confirmed that Kiln has gone live and will soon be ready to merge with the Beacon Chain in a March 14 tweet. The testnet only launched in proof-of-work mode late last week.

Oven now works in a proof-of-work (PoW) test environment for Ethereum developers, node operators and strikers. It will be the last public testnet before the entire network transitions to proof-of-stake of PoW sometime this year. Kiln will fully test the merge sometime this week.

Beiko told Cointelgraph today that Kiln’s launch was “certainly a week or so from launch to merger.” He said that Ethereum developers “wanted to give the community the opportunity to test their products through the merger.”

oven wash original launched as a PoW testnet that mimicked the operational environment of the Ethereum network. It ran parallel to the beacon necklacethe first major PoS component of Ethereum 2.0 (now called the consensus layer) where ETH holders can stake their coins and secure the future of the Ethereum network.

The transition of the Ethereum (ETH) mainnet from PoW to PoS will be an important milestone in the evolution of the network. In this next phase of Ethereum, blockchain security can rely on staked tokens instead of expensive and energy-consuming mining hardware.

Related: European Parliament Votes Against PoW Ban, Bringing Huge Relief to Crypto Industry

The network transition event from PoW to PoS will link the Beacon Chain to the Ethereum mainnet. According to an analysis of the crypto financial newsletter, the merger could happen in June Bankless although it was planned as Q1, 2022 on the official roadmap.

The 10 million ETH in the Beacon Chain currently earns about 4.8% per annum in returns for investors. After the merger, that revenue could grow by as much as 15% and network operational costs will be reduced to a fraction of its PoW predecessor, Bankless reported.

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