THE HASH: The Ethereum Network Successfully Runs Final Test of Upgrade Causing ETH to Rise Two-Month High, Outperforming Bitcoin
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 11 August 2022
⏱️ 28 minutes
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| 0:00.0 | This is the hash podcast. |
| 0:09.8 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more, |
| 0:14.6 | with stories that matter to the crypto world, all on the hash for your ears. |
| 0:20.3 | You're listening to the Coin Desk Podcast Network. |
| 0:25.1 | Hello, everyone, and welcome to The Hash. I'm Jensenassie. We got Adam B. Levine and Will Foxley |
| 0:31.5 | on today's show. As you know, on the hash, we bring you the latest and greatest in crypto and culture. |
| 0:38.3 | And the latest is big news with Ethereum this morning. |
| 0:41.3 | They pulled off their final dress rehearsal ahead of the merge and the price has gone soaring. |
| 0:48.3 | So I think we hit our all-time high in the past two months. |
| 0:52.3 | Will tell us about what is going on. |
| 0:55.6 | Yeah, totally. |
| 0:56.5 | For a second, I thought you're going to say that they actually did the merge. |
| 0:59.8 | I was like, no, not yet. |
| 1:00.9 | But so close, we actually got. |
| 1:02.3 | Yeah, I know. |
| 1:03.1 | We got a nice date. |
| 1:04.4 | Yeah, we got a date from them finally, a terminal difficulty. |
| 1:07.3 | So essentially what this means is like at a certain point in the future at a block high, |
| 1:12.1 | Ethereum will change from proof of work, proof of stake. It's a two-part upgrade. We found out this |
| 1:18.1 | morning what the date is going to be. It's going to be early September. First day, I think is the |
| 1:22.2 | 11th. And the second date is the 14th and 15th. And this depends on a few things, including |
| 1:27.1 | hash rate, other people involved in the network. |
... |
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