The long-awaited transition to Ethereum’s new energy-efficient model could be delayed once again. Network developers announced that they would postpone the launch the so-called difficulty bomb. This algorithm is designed to shut down miners.
The difficulty bomb is a unique code that has always existed on Ethereum. This makes mining base cryptocurrency difficult, and eventually impossible. Merge, a future event, will be initiated on the blockchain. It will include the transition to a Proof of Stake model which reduces the energy consumption of network networks by 90,95% and the abandonment of mining.
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Last Friday’s discussion in the Ropsten Test subnet about the dress rehearsal and the mistakes made during tests led to the decision to delay the launch of the algorithm. Merge could be happening soon, as it was clear.
Vitalik Buterin, co-founder of Ethereum, stated in May that developers may need to wait longer for the model change to be completed. According to Tim Beiko, the likelihood of Merge being transferred from one company to the other is between 1% and 10%. He warned that developers may be subject to more pressure.