Ethereum Difficulty Bomb Countdown

in ethereum •  6 years ago 

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"The protocol to increase mining difficulty was introduced to the Ethereum network on Sep. 7, 2016. Tual estimated that by December 2016 the time for verifying a block would be so slow that it would be as if activity on the Ethereum network was frozen." https://www.google.com/amp/s/cointelegraph.com/news/is-serenity-the-solution-to-ethereums-difficulty-bomb/amp

Do You understand what's going on with Ethereum and the difficulty bomb? If not, I've gathered some information to bring you up to speed.

Why the urgency?

When will it occur?

https://www.cryptocompare.com/coins/guides/what-is-the-ethereum-ice-age/

https://www.coindesk.com/before-the-bomb-hits-why-the-race-is-on-to-alter-ethereums-economics/

https://www.coindesk.com/ethereums-difficulty-bomb-smoke-no-fire/

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