Ethereum finished its second hard fork in 30 days.
With mining of block 9,200,000, Muir Glacier overhaul has been realized in the system. The block was mined at 8:30 UTC on January 2.
As of press time, 92% of Ethereum customers matched the new redesign as shown on Ethernodes.
Muir Glacier, first proposed by Eric Conner on EthHub in November as Ethereum Improvement Proposal (EIP) 2384, delays the "trouble bomb" by 4 million blocks. Along with the smoke, the problem bomb should not "dehydrate" again for many years, in any case until the array of core Eth 2.0, for example an irreversible device, is highlighted.
Intentionally structured after the dispatch of Ethereum in 2015, the problem bomb gradually escalates the blocking time settlement to push the system towards stake verification (PoS).
When Muir Glacier is not running, the exchange cost on the current Ethereum system will skyrocket as the block settlement time is expected to reach 20-30 seconds for all blocks. Conner said that the fewer blocks taken each day, the higher the cost of mounting blocks in the exchange.
Conner anticipated "13 seconds of blocking time (can handle about 6,500 blocks every day)." When we reach 20 seconds of block time, we can complete 4,300 blocks every day. As we are generally more likely to fully accept the system, the battle against block space is growing. You can increase costs, advertise and create more expensive exchanges for dapp customers. "
The development of Ethereum to PoS was a moderate move. The course of the idealist case has been deploying Eth 2.0 for quite some time, following a calm update of 2021. Ethereum 2019 Istanbul, Constantinople and St. Similar to the Petersburg hard fork, the Muir Glacier belongs to the Eth 1.x descriptor and is understood as a gradual push towards redesigning the Eth 2.0 system.
