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Ethereum Network To Take A Scheduled Upgrade called “Gray Glacier” At Block 15,050,000 On June 29th.
Cryptocurrency

Ethereum Network To Take A Scheduled Upgrade called “Gray Glacier” At Block 15,050,000 On June 29th.

On June 29th, the Ethereum network will take a scheduled upgrade called “Gray Glacier” at block 15,050,000. The Difficulty Bomb will be prolonged by 700,000 blocks via the Gray Glacier upgrade. The mining action of the miners on the current network, Ethereum 1.0 will be discouraged by the Difficulty Bomb after the successful transition to Ethereum 2.0. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week According to the core developer at Ethereum, Tim Beiko, this delay or prolongment of the Difficulty Bomb will be the last. He added that the Bomb would keep fraud off the network because it would require decent technical knowledge. Miners or node operators which fail to participate in the upgrade will halt in an incompatible Chain ...
Ethereum Developers  Can Now Have Technical Insight Into What to Expect In The Full Merge As Sepolia Testnet Beacon Chain Go Live
Cryptocurrency

Ethereum Developers Can Now Have Technical Insight Into What to Expect In The Full Merge As Sepolia Testnet Beacon Chain Go Live

Ethereum ETHE/USD is one of the biggest blockchain networks in terms of market capitalization and utility within the circles of DeFi as well as NFTs. It has made way for a lot of use-cases because of its smart contract operability. Although its scalability has been limited by its Proof-of-Work (PoW) consensus mechanism, something the merge to Eth 2.0 aims to resolve. Read Also: Burn Rate Surged 162.98% As 216.30 Million SHIB Was Destroyed via 15 transactions In The Last 24 Hours. Ethereum developers can now have technical insight into what they should expect once the full merge comes as Sepolia testnet Beacon Chain has gone live and established the foundation for that purpose. It was announced on June 20th, 2022 in a tweet by Nethermind,  https://twitter.com/nethermin...