Ethereum (ETH) has chosen the year’s most inactive day to perform a hard fork. On January 1, the Muir Glacier hard fork, as it is known, is supposed to once again delay the difficulty time bomb.
Difficulty Diffusion Simply Forgotten During Istanbul Hard Fork
The reason for choosing that date is ignominious, as the developer team apparently forgot to diffuse the difficulty creep during the Istanbul hard fork just a couple of weeks prior. Although the tweak is relatively minor, it may leave exchange employees and node operators awake right after the New Year celebrations.
Samson Mow, Bitcoin maximalist and Blockstream CSO, noted the bad choice of dates for the hard fork.
Glad that everyone is ready for the #Ethereum hard-fork on New Year’s Day. pic.twitter.com/UNWiacA6MQ
— samson.btc (@Excellion) December 29, 2019
If anything goes wrong with the hard fork, it will be the worst day of the year for recovery. Apparently, January 1 would be relatively inactive for crypto markets, but updating a node may not be on everyone’s new year…