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“The second reason [for the Difficulty Bomb] – and this is one I think is probably way underrated – is the idea that it makes it a bit harder to create a scam fork of Ethereum,” Beiko said. “Two years or three years ago, there was, like, Bitcoin Diamond, Bitcoin
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The Ethereum (ETH) Arrow Glacier upgrade is a relatively simple modification implemented in block number 13,773,000 on December 9, 2021. So, is Ethereum proof-of-stake (PoS) now? No, with the Arrow Glacier upgrade, the Ethereum blockchain gets updated to keep it on track. This means that the Ethereum blockchain is
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The Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters of the network’s Difficulty Bomb delay to June 2022. This will give the Ethereum network another six months until it
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The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased.Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates
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Ethereum has completed its second hard fork in less than 30 days.With the mining of block 9,200,000, the Muir Glacier upgrade has been implemented on the network. The block was mined today at 8:30 UTC.As of press time, 92 percent of ethereum clients were synced with the new upgrade, according
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The Ethereum network has just completed its Muir Glacier hard fork, with the sole improvement proposal being to delay the difficulty bomb for another 4,000,000 blocks.As of press time, the majority of clients were running in sync, although according to ethernodes, the nethermind client was still having some issues,
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When it comes to the crypto space, it should be noted that much of the progress that has been seen is primarily due to the existence of crypto exchanges, and perhaps the most influential among those is Binance. In a new development, the exchange has announced that Ethereum withdrawals and
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Major cryptocurrency exchange Binance will suspend Ether (ETH) deposits and withdrawals to support the recently announced Ethereum network Muir Glacier upgrade.In a Dec. 30 blog post, Binance said that deposits and withdrawals will be suspended on the platform prior to the Ethereum network block height of 9,200,000 selected to
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Ethereum developers have proposed a hard fork, named Muir Glacier, that should address the impending Ice Age, which could cause a significant slowdown on the Ethereum mainnet.In an Ethereum improvement proposal at the end of November, Ethereum developer James Hancock wrote that the proposed Ethereum Muir Glacier hard fork
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