The difficulty bomb is a mechanism put in place to gradually disincentivize Ether miners from Proof-of-Work mining on Ethereum ahead of the network’s eventual merge with the Proof-of-Stake -based Beacon Chain.
Pushing back the difficulty bomb was required as it would have slowed down new block creation so much that it would almost be impossible to introduce new network upgrades. Beiko also shared a post on Twitter from the Ethereum Foundation on June 30 announcing that the Sepolia testnet will do a dress rehearsal of the Merge over the next few days, marking the“After years of work to bring proof-of-stake to Ethereum, we are now well into the final testing stage: testnet deployments!”
bro soon bro
Every year it’s delayed.
I can't wait for the merge, finally some value is gonna be brought in and I'll be glad to see the markets green again. This will be fantastic for alts like matic that have already been pumping and will take this opportunity to push zk and supernets more
Can't wait
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PhoneArena - 🏆 322. / 59 Read more »
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »