Ethereum โ€˜Mergeโ€™ edging closer with final Kiln testnet launch


The long-awaited 'Combination' on the Ethereum network is one step closer to becoming a reality after Kiln launched the final public testnet to put it to the test.

On March 14, the Ethereum Foundation urged network stakeholders to test with Kiln "to ensure a smooth transition into existing public testnets."

"We strongly recommend that developers perform a full test and deployment cycle on Kiln and report any issues with the tools or dependencies to the maintainers of those projects."

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

Kiln is now operating on a proof of work (pow) test environment for Ethereum developers, node operators and participants. It's the final public testnet before the entire network goes to Proof-of-Stake from PoW sometime this year. Kiln will fully test the merger sometime this week.

Beiko told Cointelgraph today that releasing Kiln โ€œa week or so from launch to merger was definitely the intention.โ€ He said that the developers of Ethereum wanted to "give the community the opportunity to test their products through the merger."

oven was originally Released as a PoW testnet that mimicked the operating environment of the Ethereum network. ran parallel to the beacon chainthe first major PoS component of Ethereum 2.0 (now called the consensus layer) where ETH holders can stake their coins and start securing the future of the Ethereum network.

of Ethereum (ETH) The mainnet's transition from PoW to PoS will be a major milestone in the evolution of the network. This next phase of ethereum It will allow the security of the blockchain to rely on staked tokens instead of expensive and power-hungry mining hardware.

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The PoW to PoS network transition event attach beacon chain with the Ethereum mainnet. The merger could come as soon as this June according to an analysis by the crypto financial newsletter no bank although it was scheduled for the first quarter of 2022 in the official roadmap.

the 10 million ETH staked on Beacon Chain is currently earning around 4.8% per annum in return for investors. After the merger, that throughput could grow by up to 15% and network operating costs will drop to a fraction of its PoW predecessor, Bankless reported.