What Is a 'Difficulty Bomb' in the Context of a Blockchain Network? ▴ Learn

What Is a ‘Difficulty Bomb’ in the Context of a Blockchain Network?

A difficulty bomb is a mechanism intentionally coded into a blockchain, notably Ethereum, that progressively increases the mining difficulty exponentially over time. Its purpose is to force a network transition to a new consensus mechanism, such as Proof-of-Stake, by making Proof-of-Work mining eventually impossible or highly unprofitable.

How Does ‘Force Majeure’ Apply to Smart Contract Execution Failures?

How Does the Transition of Ethereum to a Full PoS System Impact Its Finality?

How Does the Size of the Hash Digest Affect the Security of the Signature?

Why Is Network Effect a Critical Factor in Valuing Early-Stage Protocols?