The much-anticipated transition to Ethereum 2.0 is set to start on the Ethereum blockchain. The shift from a proof-of-work (PoW) base to a proof-of-stake (PoS) base is often referred to as the so-called "merge" — slated to take place on Sept. 15.
- Bellatrix update: The successful completion of the merge depends on the Bellatrix upgrade, which is scheduled for later today. Before the final merging, the Ethereum Epoch value is expected to increase to 144,896 on the PoS chain. The Ethereum Foundation defines an epoch as the time it takes to mine 30,000 blocks.
- Paris update: This will take place after the merge, consolidating the PoS chain with the existing execution layer. It marks the transition from a PoW validation method to a PoS validation mechanism, ending Ethereum Blockchain mining.
