Ethereum Ice Age Difficulty Bombs Leads the Network to Oligarchy: Analyst

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  • Ethereum source code developer, James Hancock, recently proposed the Muir Glacier Hard Fork on Ethereum to rollback on the Ice Age Difficulty.
  • Crypto Analyst, Tuur Demeester, termed the ‘difficulty bombs’ as a blatant approach towards oligarchy.

Ethereum’s Ice Age difficulty presents a lot of uncertainties and obstacles in the network. Hancock notes in his EIP 2387 (Ethereum Improvement Protocol)  that,

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