Dear Bixin users,
Based on the Ethereum Foundation's announcements. The Merge will occur in two steps, Bellatrix and Paris.
Bellatrix is a consensus layer upgrade to make the Beacon Chain "Merge aware." It will occur when the Beacon Chain reaches an epoch height of 144,896, around September 6, 2022 19:34(HKT).
Paris is the execution layer's transition from proof-of-work ("PoW") to proof-of-stake ("PoS"). It will occur when Ethereum's PoW chain achieves a Terminal Total Difficulty (TTD) value of 58750000000000000000000, The upgrade will commence when the Ethereum block height reaches
15,540,293 Deposits ,around September 15, 2022 08:30(HKT).
Bixin will suspend ETH and other Ethereum-based (ERC-20) token deposits and withdrawals during the two upgrade events. We will announce the specific date and time.
September 6, 2022 18:30(HKT) for the Bellatrix consensus layer upgrade
September 15, 2022 08:00(HKT)for the Paris execution layer upgrade
After Bellatrix consensus layer upgrade and Paris execution layer upgrade, Bixin will reopen the deposit and withdrawal of ETH and ERC20 tokens as soon as possible.
For the fork token that may be created after The Merge . Bixin will evaluate whether it supports the listing, distribution and withdrawal of the forked token. If there are further plans, a separate announcement will be made. For detailed rules, please refer to the subsequent announcements.
Please understand the inconvenience caused by the suspension of depositing and withdrawing during the upgrade period!
Bixin Team
September 1, 2022
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