how come average block time is growing this much latley? In March it was around 14.5 and today is around 24. I know that hash rate is growing fast, but shouldn't every difficulty adjustment reset avg. block time to around 14-15?
Thnx, Tomo
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Sign up to join this communityThis is due to the Ethereum 'Ice Age' - an incentive implemented in the code to switch from the current Proof of Work consensus mechanism to a Proof of Stake consensus mechanism or as Vitalik puts it to "prevent protocol stagnation".