4 ms·
How does the recent decision by the ETH devs to delay a significant change to the difficulty algorithm factory in? This 'difficulty bomb' would have made mining
by jasonlaramburu 4y ago
How does the recent decision by the ETH devs to delay a significant change to the difficulty algorithm factory in? This 'difficulty bomb' would have made mining significantly less profitable.
https://www.benzinga.com/markets/cryptocurrency/22/06/27665318/ethereum-difficulty-bomb-delayed-heres-who-benefits-the-most https://www.benzinga.com/markets/cryptocurrency/22/06/276653...
- chizhik-pyzhik 4y agoThe article you linked isn't quite inaccurate- the difficulty bomb is a mechanism to force the network to upgrade periodically. Better explanation from https://docs.ethhub.io/questions-about-ethereum/what-is-the-difficulty-bomb/ https://docs.ethhub.io/questions-about-ethereum/what-is-the-... >The Difficulty Bomb was originally put in place for a variety of reasons: >- To act as a deterrant for miners who wish to continue mining the Ethereum 1.0 (Proof of Work) chain once the network moved fully to the Ethereum 2.0 (Proof of Stake) chain >- To ensure that the core developers of Ethereum 1.0 are "forced" to upgrade the network via a hard fork (if only to delay the effects of the bomb) so that the network does not stagnate innovation-wise