On November 7th, Coinbase encryption engineer yuga tweeted to summarize the Ethereum community conference call on November 6. The key information of the meeting includes: the merger is expected to take place around the second quarter of 2022 (subject to change); the merger No downtime is expected during this period.
This is a “consensus hot exchange”; the merger divides the Ethereum business logic into two layers. The consensus layer is the verification node voting on blocks and finality. The node clients include Prysmatic Labs and Teku, and the execution layer is the node building area. Blocks, verify transactions, etc. Clients include Geth and Nethermind.
After the merger, the node operator must propose a consensus node in addition to the existing execution nodes; the ETH locked in the staking contract will remain locked after the merger. The first task of the Ethereum community after the merger is to unlock the pledged ETH.
Earlier news, the Ethereum Developers Conference: Contracts with hard-coded assumptions based on average block time will be affected by the merger.