RATE Group | New Ethereum Hard Fork Coming in January to Delay Ice Age
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New Ethereum Hard Fork Coming in January to Delay Ice Age

17 Dec New Ethereum Hard Fork Coming in January to Delay Ice Age

Posted at 13:22h in Ethereum News by

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New Ethereum Hard Fork Coming in January to Delay Ice Age 101
Source: iStock/Inkout

As mistakes do ‘happen,’ Ethereum (ETH) is now forced to have another hard fork in January, less than a month after the Istanbul upgrade.

During the Istanbul update earlier this month, the developers have made a mistake in estimating when the feature known as the difficulty bomb which slows down blocks, aka Ice Age, would become a threat, expecting it wouldn’t become noticeable until mid-2020, says a blog post posted by Pooja Ranjan, founder of blockchain-based company Avarch and its project EtherWorld. As the bomb will go off earlier than originally presumed another hard fork is necessary to delay it.

At the Ethereum Core Devs Meeting #77 four days ago, it was agreed that a new hard fork, Muir Glacier, will be activated at block number 9,200,000, likely on January 1-4, 2020. This will delay Ice Age by 4 million blocks (c. 611 days).

Ethereum is planned to eventually go from the Proof of Work (PoW) consensus algorithm, used also by Bitcoin (BTC), to…

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