What is the difficulty bomb in Ethereum?

It is a part of the Ethereum migration process from Proof-of-Work to Proof-of-Stake. The difficulty bomb exponentially increases the mining difficulty, thus increasing the time it takes miners to find a block and validate transactions.

What is difficulty bomb?

1 Answer 1. The difficulty bomb is a part of the consensus algorithm; its goal is to make the difficulty of mining a block arbitrarily hard at some point in the future. When active, it will get increasingly hard for miners to create new blocks and therefore will get block rewards less frequently; which means less revenues.

What is an Ethereum Block?

An Ethereum block is a collection of transactions that are processed and verified by the network’s nodes. Each block contains a block header and body. The block also contains the transactions themselves, which are grouped into a single Merkle tree.

Why is Ethereum so difficult to mine?

The original Ethereum blockchain came with an intrinsic feature that increased the difficulty of mining over time—the more blocks that were mined, the more difficult and time-consuming it became to mine the next block. 3