What Is the Ethereum Arrow Glacier Upgrade?
Ethereum’s Arrow Glacier network upgrade delays the network’s difficulty bomb until June 2022. Many previous updates have also extended the deadline for the difficulty bomb. The difficulty bomb will, by design, make mining on Ethereum uneconomical and difficult to do. This feature motivates the development of Ethereum 2.0 and will force miners to change over […]
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Ethereum’s Arrow Glacier network upgrade delays the network’s difficulty bomb until June 2022. Many previous updates have also extended the deadline for the difficulty bomb. The difficulty bomb will, by design, make mining on Ethereum uneconomical and difficult to do. This feature motivates the development of Ethereum 2.0 and will force miners to change over to the new Proof of Stake blockchain.
The update contains one Etherereum Improvement Proposal (EIP) delaying the difficulty bomb. An EIP is a proposed change created and reviewed by the Ethereum community. Arrow Glacier is particularly exciting as it looks to be the last extension of the difficulty bomb before Ethereum 2.0’s release.
Course Content
What Is the Ethereum Arrow Glacier Upgrade?
Ethereum's Arrow Glacier network upgrade delays the network's difficulty bomb until June 2022. Many previous updates have also extended the deadline for the difficulty bomb. The difficulty bomb will, by design, make mining on Ethereum uneconomical and difficult to do. This feature motivates the development of Ethereum 2.0 and will force miners to change over to the new Proof of Stake blockchain.
The update contains one Etherereum Improvement Proposal (EIP) delaying the difficulty bomb. An EIP is a proposed change created and reviewed by the Ethereum community. Arrow Glacier is particularly exciting as it looks to be the last extension of the difficulty bomb before Ethereum 2.0's release.
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Introduction
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What is the Ethereum Arrow Glacier upgrade?
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What is the Ethereum difficulty bomb?
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What is an Ethereum Improvement Proposal (EIP)?
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How will Ethereum’s Arrow Glacier update affect me?
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Closing thoughts
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