Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Muir Glacier Hard Fork Slashes Ethereum Blockchain Time by 25%

Muir Glacier Hard Fork Slashes Ethereum Blockchain Time by 25%

Kelly Cromley by Kelly Cromley
Jan 6, 2020
in Ethereum News, Market News, News
Reading Time: 1 min read
0

Ethereum blockchain recorded a 25% decline in the average block time after the mining difficulty was trimmed.

Data provided by Etherscan, the Ethereum block explorer, indicates that between January 1 and January 4, the blockchain’s daily average block time fell to 12.96, from 17.16 seconds.

This transforms to a 24.48% decline in block time.

Without doubt, the block time decline has paved way for mining larger number of blocks every day and a boost to Ether (ETH) inflation.

As per Etherscan’s Ethereum block count and rewards graph, during January 1, miners established 4,980 fresh blocks and 10,237 ETH.

Likewise, on January 4, the network’s miners established 6,570 fresh blocks and 13,437 new ETH. This implies a 32% rise in the number of blocks and more than 31% boost in block rewards.

The aforesaid developments are caused by the latest deployment of the Muir Glacier hard fork. The primary objective of the fork is to postpone the ‘Ethereum ice age,’ a covenant having the ability to increase the mining difficulty of the network in passage of time, until it makes mining barely possible.

The ice age will happen through a chain of complex bombs and is basically a method to stop miners from mining the old Ethereum chain after the deployment of the Ethereum 2 proof-of-stake protocol.

Previous Post

Crypto Exchange Coinbase CEO Predicts an Anoncoin to Receive Mainstream Adoption in 20s

Next Post

SegWit Adoption in Bitcoin Network Hits 66% after BitMex Implements Upgrade

Related Posts

nexus-expands-cross-platform-with-four-new-blockchain-games

Nexus Expands CROSS Platform with Four New Blockchain Games

by Kelly Cromley
Jun 18, 2025
0

Nexus has formalized an onboarding agreement with international gaming companies to integrate four blockchain-based games into its open platform, CROSS....

avail-launches-full-stack-to-address-blockchain-scalability-issues

Avail Launches Full Stack to Revolutionize Blockchain Scalability

by Kelly Cromley
Jun 18, 2025
0

Avail, a company focused on modular blockchain infrastructure, has officially rolled out its full Avail Stack, aiming to address major...

global-settlement-facilitates-feniix-tokenized-energy-deal

Feniix Energy Finalizes $75M Oil and Gas Acquisition Deal Using Tokenized Capital

by Kelly Cromley
Jun 18, 2025
0

Latin American energy firm Feniix Energy has completed a landmark $75 million acquisition of a live oil and gas operation,...

my-neighbor-alice-game-launched-on-chromia-blockchain

My Neighbor Alice Launches First Full Game Chapter on Chromia

by Kelly Cromley
Jun 18, 2025
0

The widely recognized blockchain game My Neighbor Alice has officially entered a new phase with the release of Chapter One:...

eigencloud-to-extend-blockchain-grade-trust-to-non-blockchain-apps

EigenLayer Unveils EigenCloud to Bridge Blockchain and Off-Chain Trust

by Kelly Cromley
Jun 18, 2025
0

EigenLayer has taken a significant step forward in overcoming one of the long-standing limitations of blockchain technology by launching EigenCloud,...

Chainalysis to partner Aptos Foundation

Chainalysis and Aptos Join Forces to Tackle Blockchain Threats

by Kelly Cromley
Jun 17, 2025
0

Chainalysis has entered into a strategic partnership with the Aptos Foundation in an effort to strengthen blockchain security through improved...

Next Post
SegWit Adoption in Bitcoin Network Hits 66% after BitMex Implements Upgrade

SegWit Adoption in Bitcoin Network Hits 66% after BitMex Implements Upgrade

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

nexus-expands-cross-platform-with-four-new-blockchain-games
Market News

Nexus Expands CROSS Platform with Four New Blockchain Games

by Kelly Cromley
Jun 18, 2025
avail-launches-full-stack-to-address-blockchain-scalability-issues
Market News

Avail Launches Full Stack to Revolutionize Blockchain Scalability

by Kelly Cromley
Jun 18, 2025
global-settlement-facilitates-feniix-tokenized-energy-deal
Market News

Feniix Energy Finalizes $75M Oil and Gas Acquisition Deal Using Tokenized Capital

by Kelly Cromley
Jun 18, 2025
my-neighbor-alice-game-launched-on-chromia-blockchain
Market News

My Neighbor Alice Launches First Full Game Chapter on Chromia

by Kelly Cromley
Jun 18, 2025
eigencloud-to-extend-blockchain-grade-trust-to-non-blockchain-apps
Market News

EigenLayer Unveils EigenCloud to Bridge Blockchain and Off-Chain Trust

by Kelly Cromley
Jun 18, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blockchain
  • Blog
  • Cardano News
  • ETF
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree