Ethereum core developers have successfully launched Hard Fork Gray Glacier, a network upgrade to operate. Ethereum Improvement Proposal (EIP) 5133 at block height 15,050,000
Gray Glacier’s hard fork requires client software providers in the execution layer such as Nethermind and Geth to update their Ethereum nodes, Nethermind confirmed in a statement.Twitter Post that the upgrade was successful
Gray Glacier hard fork is successful
Nethermind nodes are fine. Block time will go back down to 13 seconds.
Difficulty bomb delayed
pic.twitter.com/NPkZMYhWHn
— Nethermind (@nethermindeth) June 30, 2022
The upgrade is planned to delay the so-called ‘Difficulty Bomb’ by 100 days, with the Difficulty Bomb launching in mid-September. Approximately the same time the network will switch to. proof-of-stake
What is a Difficulty Bomb?
Difficulty Bomb is a feature that ensures Ethereum merge or transition from proof-of-work as proof-of-stake Blockchain will run smoothly. By this mechanism, Ethereum blocks are harder to mine. And it reduces the incentive for miners from the forking chain in what is known as the “Ice Age” of Ethereum.
Why is Difficulty Bomb delayed?
Ethereum’s core developers previously set the Difficulty Bomb to launch on June 29th, expecting the merge to occur during this time, however, due to the delay in the merge, the difficulty bomb had to be postponed.
Additionally, activating the difficulty bomb prematurely can cause the blockchain to run unnecessarily slow.informationAccording to Etherscan, block times have begun to increase on Ethereum, from 13 seconds to 16 seconds, and now the difficulty bomb has been pushed away, makingexpectthat the block times are reduced to normal levels
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