A delay to the difficulty bomb of two months does not have core Ethereum developer Tim Beiko worried. However, this delay has the potential to lead to further delays in the final Merge event currently slated for August.
It dramatically increases the difficulty for miners to verify transactions on the network, thus reducing profitability for PoW miners. Eventually, it will become impossible for physical miners to validate a block. The difficulty bomb is aTransitioning to PoS should reduce theby up to 99.9% according to some estimates. Other PoS networks such as Polygon and Fantom Opera, boast negligible power demands compared to other PoW networks.
Although Beiko does not mention it, delaying the difficulty bomb could lead to further delays for the Merge itself, which is expected to take place in August 2022.
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