Ethereum Blockchain Completes Muir Glacier Hard Fork, Less Than A Month After Istanbul Update

Only a month following the Istanbul hard fork, the Ethereum blockchain completed the Muir Glacier hard fork on January 2nd, at block 9,200,000. The highly-publicized hard fork, which raised concerns of launching on New Years’, updated with one improvement on the proposal EIP 2384. The proposal delays the difficulty bomb (aka the ice age) for another 4,000,000 blocks.

The Muir Glacier update

The Jan. 2 2020 Muir Glacier update aims to delay the difficulty bomb or delay the ice age, an in-built mechanism that significantly increases the difficulty of mining blocks on Ethereum. During the Istanbul hard fork at the start of December 2019, the Ethereum developers missed accounting for the “ice age” hence the recent update.

The top Ethereum node clients including Geth and Parity have synced to the Muir Glacier update but one client is still syncing as at the time of writing. With all the clients running at block 9,201,536 at the moment, nethermind is running behind 1,537 blocks behind, yet to sync into the 9,200,000 block.

Over 93% of the nodes are ready and synced to the blockchain with 6.2% not ready including 170 nodes, 8 nodes, 5 nodes and 3 nodes on Geth, Parity Ethereum, Teth, and Multigeth respectively. Several exchanges have supported the hard fork including Binance, Coinbase, and Kraken. However, some exchanges are yet to offer information on their progress on the fork.

The update goes a long way to enable the network to smoothly transition from the proof of work (PoW) to proof of stake (PoS) mechanism in the upcoming Ethereum 2.0 platform.

Parity client nodes avert “supposed attack”

Just 48 hours before the Muir Glacier update, several nodes complained their nodes were not syncing which led to an update on the client. The Parity developers warned users of a possible hack attempt urging users to update their clients before the fork.

The Muir Glacier update is a temporary solution as developers call for the abolishment of the difficulty bomb altogether.

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Author: Lujan Odera

Ethereum’s Hard Fork ‘Muir Glacier’ Launches In 2 Days, Will The ETH Community Be Prepared?

While the entire world is preparing for the New Year, Ethereum has scheduled Muir Glacier, its long-awaited hard fork, for January 1 of the year 2020.

The Ethereum (ETH) Istanbul hard fork that happened just a few weeks ago didn’t make things easier when it comes to Ethereum’s so-called “difficulty bomb”, so many are expecting Muir Glacier to change everything. As the holiday season is one of the busiest in a year, the hard fork is still waiting on support from the most important infrastructure providers, exchanges and mining pools.

SBI VC Trade to Support the Hard Fork

The Japan-based virtual currency exchange, SBI VC Trade, which is an SBI subsidiary, said it will support the hard fork. Its customers have been informed about the hard fork lasting until January 3, 2020 and being planned to reach the 9,200,000 block height. SBI VC Trade has also cautioned people about the blockchain instability caused by the hard fork by saying:

“If ETH is received by us during this period, we may not be able to confirm it properly due to blockchain stability issues. In that case, please note that we cannot respond at all.”

Bittrex and Bitso Ready for Muir Glacier

The CSO of Blockstream, Samson Mow, has said in a tweet that platforms are not ready for Muir Glacier, while others members in the ETH community have expressed their confusion over the strange choice made by Ethereum Foundation for the hard fork’s date. The only crypto exchanges ready for Muir Glacier seem to now be only Bittrex and Bitso.

The Istanbul Hard Fork Had Some Readiness Problems Too

It looks like the Ethereum project didn’t have enough support from its team of developers, as these were focused on upgrading the ETH 2.0. The Istanbul hard fork had the same problem and updated most of the nodes last minute. However, it still was successful, so Muir Glacier has all the chances to be a hit too.

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Author: Oana Ularu