Surge, Verge, Purge and Splurge or what awaits us after the tr | Cryptoage.com

Surge, Verge, Purge and Splurge or what awaits us after the transition of Ethereum to POS

ethereum merge verge surgeIn the fall of 2022, the Ethereum crypto project is expected to switch to a new blockchain in which, instead of POW mining on video cards, there will be POS mining with validators. The transition event itself is called Merge (merge) - it is called so due to the fact that at the moment there are two Ethereum branches at once, which will eventually merge into one. The first branch is the main one and launched in 2015 (POW), the second branch is the test Ethereum 2.0 launched in 2020 (POS). Because The transition to POS is not the end point in the development of Ethereum, therefore, improvements to the unified blockchain under the names Surge, Verge, Purge and Splurge are already planned. These major updates to the Ethereum network were announced by Vitalik Buterin at a conference in Paris (19-21.07.2022). Previously, we recall that major updates from Ethereum had the names of cities: Byzantium, Constantinople, St. Petersburg, Stanbul, Berlin, London. Now a little more about what to expect in the near future from ETH developers.
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