Here’s Why Q3–2022 Is Crucial For Ethereum ! ETH Price Can Make a Big Move Within August and November

The post Here’s Why Q3–2022 Is Crucial For Ethereum ! ETH Price Can Make a Big Move Within August and November appeared first on Coinpedia — Fintech & Cryptocurreny News Media| Crypto Guide

Ethereum- the second-largest cryptocurrency in the world- has a highly anticipated merger which is expected to happen between the time frame of August and November. Ethereum’s developer, Tim Beiko, had a conversation with Ben Edgington regarding ETH’s merge date and how to execute it as soon as possible.

Beiko replied to Edgington immediately, saying that due to the technicalities, the merge may be delayed and it is impossible to give an exact time frame for it.

I still feel like the (late) August-Nov range is roughly right? Speed of fixing bugs and number of new issues encountered is what makes it hard to predict? I think for it to not happen this year, you’d need a catastrophic event/failure/series of normal bugs

— Tim Beiko | timbeiko.eth

(@TimBeiko) June 10, 2022

Beiko stated that: “I’m just not as convinced that targeting more than a rough target, date-wise, is possible.” He further stresses the rough target and says: “Catastrophic event/failure/series of normal bugs. If we found 0 more bugs, we can probably merge in a couple of months. I just don’t think that’s realistic. I also don’t think it’s likely we will find 10, or even 5 more severe issues. confidence shrinks exponentially within that range, though.”

According to indicators, the merge is delayed due to the difficulties associated with Ethereum, as developers are still involved in fixing the bugs they discovered during the Ropsten merge.

Please, no lobbying is required. We are already working more hours per day than most people. And also trying to innovate at the same, all with very limited pool of people. I don’t think we need these corporate psy-ops like “sense of urgency” here

We know what we are doing

— Alexey Sharp