Bye bye Ropsten, hello Bopsten as the opening of the countdown to the merge seemingly begins with the launch of a new spec.
“Bopsten is a semi-major version release candidate as we move into upgrading the long-standing public testnets for the Merge,” Danny Ryan, the ethereum 2.0 coordinator, said before adding:
“This release contains a few important Phase 0 (thus affecting all phases) fixes, deprecations, and clarifications.”
Bopsten comes amid plans to upgrade the long running testnet, Ropsten, to full Proof of Stake (PoS) on or around June 8th.
This newly released spec makes it the most up to date version for the Merge, the full PoS upgrade that is nearing its final stages.
With the new upgrade starting next month, all will be able to see how the merge will affect any running dapps, nfts, collateralized defi loans, or indeed transaction fees.
None of them should change really, but devs and this time the public too still has to check to ensure all is fine.
The main change will be a reduction in supply with testnet eth not really meant to have value, but sometime demand is so high for them that they do actually get value.
In addition this will be the first time a long running eth testnet goes Proof of Stake. So it might be interesting to see what that does to supply once it will come through testnet stakers rather than miners.
Probably nothing, and yet in the transition, there may well be a supply crunch even for these testnet eths.