The Ethereum team decided to postpone the activation of the “complexity bomb” for two months. This was announced by lead developer Tim Bako.
“Briefly. We’ve agreed to postpone the [complexity bomb]. We’re all overdue and want to make sure we’ve checked all the numbers correctly before choosing the exact delay and deployment time, but are aiming for a delay of about two months and an update launch in late June,” he wrote.
In May, Ethereum developers tied the timing of the core network’s transition to the Proof-of-Stake (PoS) consensus algorithm to an automatic increase in block generation time on Proof-of-Work.
According to Preston Van Loon, they plan to complete the “merge” process [The Merge] in August before the “complexity bomb” is activated.
Ethereum co-founder Vitalik Buterin, during the Eth Shanghai virtual summit, also named August as the most likely time for the transition. However, he allowed the event to be moved to September-October in case “potential risks” arise.
In short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an exact delay and deployment time, but we are aiming for a ~2 month delay, and for the upgrade to go live late June.