Comment by IncRnd

If anyone wonders why many "regular people" are uncertain about doing anything with cryptocurrencies, look at the top of this article for the reason. It's not that people are incapable of understanding the subject, but that the purveyors of the subject constantly coin new words and meanings.

  * Ethereum is moving to proof-of-stake! The transition, known as The Merge,
    must first be activated on the Beacon Chain with the Bellatrix upgrade.
    After this, the proof-of-work chain will migrate to proof-of-stake upon
    hitting a specific Total Difficulty value.
  * The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain –
    11:34:47am UTC on Sept 6, 2022.
  * The Terminal Total Difficulty value triggering The Merge is
    58750000000000000000000, expected between Sept 10-20, 2022.
  * Note: as announced earlier, the Kiln testnet is being sunset. Operators
    will shut down on September 6, 2022.