Google adds Ethereum Merge countdown clock

Searches for Ethereum’s shift to proof-of-work reach all-time high

ETH                                 
Google’s Ethereum Merge countdown clock - Photo: Google
                                

Google has added an Ethereum Merge countdown timer to its search engine. 

The technology giant added the estimated time remaining for the completion of the “Merge’, the move from a Proof of Work to a Proof of Stake (PoS) ststem for validating holdings, which includes figures for the Merge’s difficulty, its current difficulty and its hash rate.

An illustration depicting a black panda bear rushing to embrace a white panda accompanies the countdown. The animals will supposedly get closer as the Merge closens. 

Given the negative connotation of bears – “bear markets” and “bearish sentiment” – the illustration may surprise some. However, the panda has been the de facto mascot for Ethereum’s transition from a proof-of-work to a proof-of-stake system. 

Google Cloud developer Sam Padilla, describing the countdown as “a fun little surprise and appreciation”, said: “Everyone is so excited for what is coming and appreciative of the work that has been going into this for years.” 

Despite substantial declines in the capitalisation of the cryptocurrency market, 2022 has been the year in which Google has strengthened its investment in the technology pioneered by the likes of Bitcoin and Ethereum. 

Google Cloud invests in Web 3.0

In May Google established an internal team that will build services for blockchain developers and those running blockchain-based applications. Amit Zavery, vice-president at Google Cloud, told employees: “While the world is still early in its embrace of Web 3.0, it is a market that is already demonstrating tremendous potential with many customers asking us to increase our support for Web 3.0 and crypto-related technologies.”

Ethereum’s developers hope that the shift towards the PoS model will make the blockchain more efficient, less energy-intensive and more attractive to developers of decentralised applications. 

At the end of last week, Ethereum successfully completed the transition in Mainnet-Shadowford-13,, This constituted the last of the upgrades required before the Merge could be completed. 

Ethereum has experienced substantial price volatility in the past month as investors braced for the Merge. Although the cryptocurrency has risen by 22% in the past two weeks, it traded down by 1.5% by 13:30 (BST-1) on Monday at $1,746.

Further reading

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
iPhone Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image