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Muir Glacier Has Been Implemented On The Ethereum Network
Summary: The Ethereum network has completed their second hard fork in less than 30 days, according to a post from Ethernodes. Upon the mining of block 9,200,000 on Jan. 2, the Muir Glacier upgrade was implemented on the Ethereum network. 94.5% of Ethereum’s clients were synced with the new upgrade at the time of writing. Initially ...
The Ethereum network has completed their second hard fork in less than 30 days, according to a post from Ethernodes.
Upon the mining of block 9,200,000 on Jan. 2, the Muir Glacier upgrade was implemented on the Ethereum network. 94.5% of Ethereum’s clients were synced with the new upgrade at the time of writing.
Initially all but one of Ethereums clients, Nethermind, were able to operate with the updated blocks. Nethermind has since released an update that the Chainspec file was corrupted during the upgrade and all that needs to happen is Ethereum's Nethermind operators will download this file and restart their nodes..
Muir Glacier has been designed to delay the “difficulty bomb” by four million blocks. This should delay the difficulty bomb is now expected to not go off for a few more years, at least until the release of key Eth 2.0 features such as the finality gadget.
Without Muir Glacier the cost of transactions on the current Ethereum network would shoot up as block settlement times are projected to hit 20–30 seconds per block. As less blocks are minted the higher the cost of fitting transaction into blocks rises.
By Ramsey Baker
Tags: Ethereum,Hard fork,Muir Glacier
Link: Muir Glacier Has Been Implemented On The Ethereum Network [Copy]
