create account

Ethereum Hard Forks for Secondly Time within One Month. by pemac

View this thread on: hive.blogpeakd.comecency.com
· @pemac · (edited)
Ethereum Hard Forks for Secondly Time within One Month.
![](https://steemitimages.com/0x0/https://d1vof77qrk4l5q.cloudfront.net/img/27e0d98a08073f92869e5aa33b43a072c3ef4a62.jpg)

Ethereum has completed its second hard fork in less than thirty day.

With the mining of block 9,200,000, the Muir Glacier upgrade has actually been implemented on the network. The block was mined Jan. 2 at 8:30 UTC.

![](https://steemitimages.com/0x0/https://pixabay.com/get/55e1d04a4852a414f6da8c7dda79347a1339dbe0504c704c72277bd29649c75d_640.jpg)

As of press time, 92 percent of ethereum customers were synced with the brand-new upgrade, according to Ethernodes.

First proposed by EthHub's Eric Conner in November as Ethereum Improvement Proposal (EIP) 2384, Muir Glacier postpones the "problem bomb" by 4 million blocks. With the delay, the trouble bomb is expected to not "go off" again for a few years, at least up until the release of essential Eth 2.0 functions such as the finality device.

![](https://steemitimages.com/0x0/https://pixabay.com/get/54e4d04b4f57ae14f6da8c7dda79347a1339dbe0504c704c72277bd29649c75d_640.png)

A purposeful design because ethereum's launch in 2015, the trouble bomb slowly increases block time settlement so as to push the network toward proof-of-stake (PoS).

![](https://steemitimages.com/0x0/https://pixabay.com/get/54e8d0414a50a914f6da8c7dda79347a1339dbe0504c704c72277bd29649c75d_640.jpg)

If Muir Glacier was not implemented, the cost of transactions on the current ethereum network would certainly increase as block settlement times are forecasted to hit 20-- 30 seconds per block. As less blocks are minted on a daily basis, the cost of fitting deals right into blocks rises, Conner claimed.

" Imagine we had 13-second block times (that means we can do regarding 6,500 blocks a day)," Conner described. "When we reach 20-second block times, we can just do 4,300 obstructs a day. If we assume the network is usually completely made use of, we now have extra defending block room each day. That's going to drive the fee market up and make purchases much more costly to dapp users."

Ethereum's shift to PoS has actually been a slow-moving undertaking, however. Optimistic timelines position Eth 2.0 for a long time in 2021 under the Peacefulness upgrade. Muir Glacier, like ethereum's 2019 Istanbul, Constantinople as well as St. Petersburg difficult forks, fall under the Eth 1.x descriptor, recognized as incremental moves toward the Eth 2.0 network overhaul.

Source:
https://www.coindesk.com/muir-glacier-ethereum-hard-forks-for-second-time-in-one-month

Posted using [Partiko Android](https://partiko.app/referral/pemac)
👍  , , , , , , , , , ,
👎  ,
properties (23)
authorpemac
permlinkethereum-hard-forks-for-secondly-time-within-one-month-xkt2wojt
categorycryptocurrency
json_metadata{"tags":["cryptocurrency","ethereum","bitcoin","steem","steemit","partiko"],"image":["https://d1vof77qrk4l5q.cloudfront.net/img/27e0d98a08073f92869e5aa33b43a072c3ef4a62.jpg"],"app":"partiko"}
created2020-01-03 14:40:09
last_update2020-01-10 01:02:54
depth0
children2
last_payout2020-01-10 14:40:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,595
author_reputation-410,581,125,284
root_title"Ethereum Hard Forks for Secondly Time within One Month."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id93,989,121
net_rshares-30,751,765,636,178
author_curate_reward""
vote details (13)
@steemcleaner ·
Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #appeals channel in [our discord](https://discord.gg/7FkETjJ).
properties (22)
authorsteemcleaner
permlinksteemcleaner-re-pemacethereum-hard-forks-for-secondly-time-within-one-month-xkt2wojt
categorycryptocurrency
json_metadata""
created2020-01-10 01:03:12
last_update2020-01-10 01:03:12
depth1
children0
last_payout2020-01-17 01:03:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length249
author_reputation1,115,578,332,531
root_title"Ethereum Hard Forks for Secondly Time within One Month."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id94,241,854
net_rshares0
@steemcleaners ·
$0.32
[Source](https://www.coindesk.com/muir-glacier-ethereum-hard-forks-for-second-time-in-one-month)
[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered fraud and violate the intellectual property rights of the original creator. 

Fraud is discouraged by the community and may result in the account being Blacklisted.

If you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)
👍  , , , , , , ,
properties (23)
authorsteemcleaners
permlinkre-pemac-ethereum-hard-forks-for-secondly-time-within-one-month-xkt2wojt-20200109t161512655z
categorycryptocurrency
json_metadata{"app":"steemcleaners/0.3","format":"markdown+html","community":"steemcleaners"}
created2020-01-09 16:15:18
last_update2020-01-09 16:15:18
depth1
children0
last_payout2020-01-16 16:15:18
cashout_time1969-12-31 23:59:59
total_payout_value0.161 HBD
curator_payout_value0.159 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length583
author_reputation2,789,224,428,782,668
root_title"Ethereum Hard Forks for Secondly Time within One Month."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id94,228,336
net_rshares1,702,027,751,552
author_curate_reward""
vote details (8)