Ethereum Merge Event Approaches: Testnets Achieve Important Milestones Before Altair Hardfork

The upcoming Ethereum merge will also be the triple halvening event as the issuance of Ether (ETH) will be reduced significantly and there’s good news on the proposed switch from Proof of Work (POW) to Proof of Stake (POS) as the testnets report achieving significant milestones, ahead of the Altair hard fork expected on Oct 27. Currently, the Eth 1 and the Eth2 blockchains operate independently and can’t communicate with each other.