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Ethereum Merge Updates! | Tim Beiko

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 9 June 2022

⏱️ 66 minutes

🧾️ Download transcript

Summary

Tim Beiko of the Ethereum Foundation is here to update us on the merge. 

What steps are left? What obstacles do we need to overcome?
Are we merging in August like Justin Drake said? Or later?

Also, there are a lot of misconceptions about the merge! We’re gonna clear them up. 

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Topics Covered:

0:00 Intro
7:00 The State of the Merge
12:15 Testnets
15:30 Ropsten Merge
21:13  Client Diversity
24:45 Dress Rehearsals
29:45 Knowing When to Ship
34:00 The Timeline
39:30  Approaching the Merge
47:58 Wen Merge? How Merge?
53:12 Top 5 Misconceptions
1:01:22 Closing Remarks

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Resources:

Tim Beiko on Twitter:
https://twitter.com/TimBeiko?s=20&t=CI2Ox4OKbi1sqcRH98qVtg

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

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https://newsletter.banklesshq.com/p/bankless-disclosures

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, Bankless Nation, welcome to another episode of State of the Nation.

0:11.3

David, this episode, we're going to be asking Tim Beko all about the merch.

0:15.7

Are we there yet, Tim?

0:16.7

Are we there yet?

0:17.7

I think we're only going to be asking Tim when merch.

0:19.9

That's a whole show.

0:22.2

Well definitely we need an update on the merch because I feel like some things have happened

0:25.9

recently that may, look, there were never dates for the merch, of course, but we want

0:31.3

to get an assessment of actually when, but also more importantly, what needs to happen

0:34.9

between now and the merch and Tim Beko is the person to ask about all of these things.

0:39.8

He is a master coordinator on everything Ethereum, so David, what else are we going to discuss

0:44.5

with Tim today?

0:45.5

Yeah, there are just a number of test nets that we have to get through until we're going

0:48.6

to talk about each type of the test nets, what needs to happen with each of those.

0:54.9

Also, most hard forks in Ethereum happen at the block height, but not the merch.

1:00.2

The merch happens with a different pre-wek visit, I guess, for what when actually the

1:06.8

merch happens, so there's a bunch of information, parts apart there, and also overall, there's

1:11.7

just a bunch of misconceptions we want to clear up.

1:14.7

No, the Ethereum merch will not reduce gas fees.

1:17.7

We're going to talk about why people think that and why it's wrong, and also just talk

1:21.8

about what does happen at the merch, like does Ether issuance go down?

1:25.6

Yes, it does, but why?

...

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