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The unveiling of the new marketplace comes just weeks before Ethereum’s much-anticipated Shanghai hard fork that should spur growth in staking services. Source
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Kiln, a startup that allows customers to receive rewards for helping secure the Ethereum blockchain, raised 17 million euros ($17.6 million) in a Series A funding round from a group of investors including Consensys, GSR Ventures and Kraken's venture capital arm. Original Source
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Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network. Source
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On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. "Merge" involves taking Ethereum's Execution Layer from the existing Proof of Work
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The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.On March 14, the Ethereum Foundation urged network stakeholders to run tests using Kiln “to ensure a smooth transition on existing public testnets.”“We
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