Ethereum Devs Records Huge Success in First Mainnet Shadow Fork

As Ethereum approaches its long-awaited transition to the Proof of Stake model, developers have launched the first “shadow fork” for the Ethereum mainnet.

According to Ethereum developers, the network’s first-ever shadow fork, which was designed to stress-test developer assumptions on existing testnets and the overall mainnet, was successful.

One Step Closer to ‘the Merge’

The successful launch of the Shadow Fork brings the Ethereum network one step closer to ‘the Merge’, which will see Ethereum transition from Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism.

According to Ethereum Foundation developer Parithosh Jayanthi, the shadow fork will provide “a way to check if our assumptions work on existing testnets and/or mainnet.”

He further explained that the shadow fork will share some of the data with the main Ethereum network, meaning that some transactions could appear on both chains.

According to the new shadow fork’s block explorer, Over 3,295,934 transactions have already been processed, with an average block time of 14.3 seconds. There are over 1.5 million wallet addresses and over 14.5 million blocks on Ethereum’s new Blockchain.

On the Flipside

  • Bugs were detected in ‘Nevermind’ and ‘Bisu’ – Ethereum-based software providers. However, they were judged to be minor in severity.

Why You Should Care

Another Ethereum Foundation developer, Tim Beiko, explained that the outcome of the shadow fork is key to determining the timing of the final merge.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia