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The Ethereum (ETH ) Arrow Glacier upgrade is a relatively simple modification implemented in block number 13,773,000 on December 9, 2021.
So, is Ethereum proof-of-stake (PoS) now? No, with the Arrow Glacier upgrade, the Ethereum blockchain gets updated to keep it on track. This means that the Ethereum blockchain is yet to upgrade to the PoS model. Moreover, the Arrow Glacier Ethereum upgrade is significant for crypto miners, users, stakers and the upcoming Ethereum 2.0.
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Due to this upgrade, mining on Ethereum will become difficult and uneconomical, motivating miners to expedite the process of moving to the PoS consensus method. Arrow Glacier is especially intriguing because it appears to be the final stretch of the difficulty bomb before the introduction of Ethereum 2.0.
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the article also has good details on how EIPs work on ethereum.
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