The upcoming ETH Merge, which is one of the most anticipated events within the crypto community, has its challenges. But Ethereum developers are quick and responsive to any issues.
Peter Szilagyi is an Ethereum software developer. He tweeted that they had found a regression that leads to a corrupted state. It was likely one of the pull-requests that had been merged towards the new storage model, or online pruner.
In a later update, pointed out that this problem could affect all users of the release. It would cause a corruption of their database which will lead to data loss. He explained that data loss occurs during shutdown and their tests failed to detect it.
The developers were able provide a solution after just a day despite the problems. Go Ethereum issued a hotfix for the problem. They advised users who have updated to rollback and run again to verify everything is working properly. They tweeted:
Geth v1.10.23 has been released. This hotfix is for state corruption in 1.10.22.
If you have already updated to version.22, you need to rollback your chain and run the last 2 days again to make sure everything is working properly.
Sorry about this!https://t.co/bkvAmw09KZ
Go Ethereum (@go_ethereum).
August 24, 2022
Szilagyi advised that the community wait until the builders have finished before they release the patch. This will ensure that the community is on the “good” version. Twitter user Szilagyi apologized for not noticing the issue during testing and promised to fix it. The developer thanked all those who contributed to the resolution of the problem.
Related: Ethereum Foundation clarifies the fact that the Merge upgrade won’t reduce gas prices
In a Cointelegraph interview Lex Sokolin discussed the potential economic impacts of upcoming ETH Merge. Sokolin believes that the Merge will offer a safer way to stake Ether ( ETH) as well as standardizing the interest rates in the Web3 space.
The upcoming Ethereum Merge will have economic consequences, but it also forces miners make a decision. One solution for miners could be a proof of work (PoW), Ethereum hard fork. Some mining pools, on the other hand have demonstrated that they are moving to stakes.