Ethereum “Complexity Bomb” Activation Delayed

Ethereum developers again postponed the launch of the “complexity bomb” — on June 30, the Gray Glacier hard fork took place on the network at block # 15,050,000, specifically in order to postpone the launch date.

Gray Glacier is the original code snippet of the Ethereum protocol, the implementation of which exponentially increases the complexity of mining. Thus, mining on the Proof-of-Work algorithm should become unprofitable and simplify the transition to Proof-of-Stake (PoS).

As a result of the hard fork, the automatic increase in mining complexity has been pushed back by 700,000 blocks, or approximately 100 days (until early October).

According to the team’s forecast, The Merge was supposed to take place by the end of the summer. Which apparently won’t happen. Ethereum co-founder Vitalik Buterin, although he called the same month the most likely time for the transition, nevertheless, admitted that a delay in the transition to September-October is possible.

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