The purpose of the difficulty bomb is to prevent miners from successfully transitioning to Ethereum 2. In the current network, Ethereum 10 stops mining on .0.
Tim Beiko, a core developer of Ethereum, said that this will be the last time to delay the difficulty bomb, which means that Ethereum 2. also has months to go. Since he requires good technical knowledge, he added that bombs would keep crooks off the network.
Ethereum customers or holders do not need to take any action unless stated otherwise by their respective exchange or wallet service provider. For GrayGlacier upgrade adaptation, the node operator needs to update the client version it operates to one of the versions listed here.
Miners or node operators who do not participate in the upgrade will be stuck on an incompatible chain according to the old standard. As such, they will not be able to send ether or operate on the upgraded ethereum network.
Meanwhile, at their 551st key developer meeting, developers discussed items related to merge detection and reported poor performance for the seventh mainnet shadow fork. 20% of nodes fall off immediately upon merge activation, and more nodes fall off in the future.
Although as a result of the shadow fork, the developers are confident and plan to operate the merge on their second main testnet, Sepolia, on Wednesday, July 6th, after the July 4th US long weekend.
