On June 30, the Gray Glacier hard fork occurred on the #Ethereum network on block #15,050,000. The only task of the update was to delay the activation of the "complexity bomb". We are talking about the initial code fragment of the Ethereum #protocol, the implementation of which exponentially increases the complexity of mining. It is assumed that this will make it unprofitable to work in the network on the Proof-of-Work algorithm as we move to Proof-of-Stake (#PoS). Developers have repeatedly postponed the "complexity bomb". In June, they decided to do it again with the Gray Glacier update, linking it to the planned transfer of the main network to the PoS algorithm during the "merge" [The Merge]. As a result of the hard fork, the automatic increase in mining difficulty has been postponed by 700,000 blocks or approximately 100 days (until the beginning of October). According to the team's forecast, The Merge will take place in August. Ethereum co-founder Vitalik #Buterin also called this month the most likely time for the transition. However, he allowed the postponement of the event to September-October in case of "potential risks". Since the upgrade of Gray Glacier took place in the form of a hard fork, it required the node operators to update the software accordingly. "If you are using an Ethereum client that has not been updated to the latest version, it will be synchronized with the #blockchain before the fork as soon as the update occurs. You will get stuck in an incompatible chain, following the old rules, and will not be able to send #ETH or work online," the developers warned in the announcement on June 16. According to Ethernodes, at the time of writing, after the implementation of the hard fork, 73.4% of operators signal about the software update. Only for the Erigon client, the indicator is 100%, whereas for the most popular Geth — 76%.
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