ETH and ERC Deposit/Withdrawal Suspension due to the Merge (00:00, 8 Sep)

Hello, this is Berith.​

We will suspend deposit and withdrawal support for ETH and ERC

due to ‘Ethereum Merge Upgrade’.

[Suspension Schedule]

Suspension schedule : Expected on 00:00, 8th (Thu) Sep 2022

Resumption schedule : to be announced separately upon the confirmation on blockchain stability

*Deposit during the suspension may not be credited into your balance and may not be recoverable.

*Thus, please DO NOT deposit any ETH or ERC asset during the suspension.​

*During the suspension period for the support of deposit and withdrawal, the return process of deposit for the corresponding digital asset will be suspended temporarily, and the return will be sequentially operated after resumption of the support.

[About Ethereum Merge]

The Merge refers to the merging of PoW (Proof of Work) Ethereum network which has been operated by the existing PoW(Proof of Work), and Beacon network where PoS (Proof of Stake) is applied. After the Merge, proof method for Ethereum network will be changed into PoS.

​​

[Timeline for Ethereum Network Upgrade]

Bellatrix Upgrade (Upgrade on Ethereum consensus layer): Beacon chain epoch 144,896 (expected on 2022–09–06)

Paris Upgrade (Upgrade on Ethereum execution layer, PoS conversion) :

https://blog.ethereum.org/ko/2022/08/24/mainnet-merge-announcement

Shanghai Upgrade (Support Ethereum unstaking) : to be determined

*All timelines are based on estimation, thus are subject to change.

Thank you for your interest in Berith.

We will try our best and step forward.

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Berith

Berith

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Blockchain Based Integrated Membership Business Platform