A bug in the Ethereum client program, Nevermind, caused validators to become offline.
Coinbase is investigating methods to resolve concerns about client diversity in the wake of an outage that impacted eight percent of Ethereum validators.
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A bug that knocked validators offline was discovered in Ethereum’s Nevermind client software, which is a tool used to connect validators with blockchain networks.
Despite the fact that the bug was fixed in four hours, worries regarding Ethereum’s client centralization started to arise.
Users specifically noted that Ethereum would stop finalizing if Geth, the most widely used Ethereum execution client, were to shut down. Geth is used by 84% of validators.
Australian Web3 development company Labrys stated in a post on X that “when a minority client fails, the penalty is losing [ether] ETH at the same rate as you gained it, but if Geth fails because it instantly stops the chain from finalizing, the penalty is much harsher.”
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As of right now, Binance, Kraken, and Coinbase Cloud nodes all exclusively use Geth as their client software. A Coinbase Cloud representative informed Blockworks that Coinbase is actively evaluating alternative execution clients in response to requests from the community.
“We think that a diverse client base contributes to the Ethereum network’s health. A Coinbase representative stated, “As leaders in the industry, we are dedicated to assisting our customers in participating in the crypto-economy safely and securely.
They point out that the only execution layer client software that has complied with its technical requirements up to this point is Geth.
The same conclusion has been drawn by numerous other network operators, which contributes to the 84% of Ethereum validators using Geth. But things are starting to change, as Coinbase Cloud stated in a post on X.
The statement went on to say, “We are conducting an updated technical assessment with the goal of adding another execution client to our infrastructure, as alternative execution clients have come a long way.”
In late February, Coinbase is anticipated to provide an update on alternative execution client solutions.
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