Ethereum has delayed the introduction of a complexity bomb

The decision was made after a lively online discussion, which was attended by representatives of the team, miners and members of the community. It was held on the Gitter platform on November 20.

The meeting participants mainly discussed the current situation on the network related to the hash rate drop. The panelists expressed the unanimous opinion that the limitation of PoW mining for the transition to the PoS algorithm is not currently required.

Ethereum Hash Dynamics

Recall that Istanbul hard fork is scheduled for December 7th. It was postponed several times, but it seems that this time the developers announced the final date of its holding. It will take place at block 9069000. It is followed by the Serenity fork, the introduction of which marks the transition to Ethereum 2.0.

Recall that now Ethereum is widely heard not only because of the upcoming update of the platform code. One of the developers of the Ethereum Foundation faces an up to 20 years prison term. Vitalik Buterin, the cryptocurrency creator, signed a petition for his colleague release.

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