Difficulty Bomb

Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain. They set the delay to two months in order to “be sure that we sanity check all the numbers before selecting an exact delay and deployment time” according to core developer Tim Beiko in a June 11 tweet. In short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an exact delay and deployment time, but we are aiming for a ~2 month delay, and for the upgrade to go live late June. — Tim Beiko | timbeiko.eth (@TimBeiko) June 10, 2022 The difficulty bomb will be a measure to disincentivize ETH mining operations from keeping their physical mining devices run...