Following the network’s outage twice in 24 hours, Ethereum Clients Prysm and Teku have released updates addressing the finality issue that affects only stakeholders and developers.
Prysm and Teku, two Ethereum consensus clients, have published new updates to address recent Beacon Chain finality issues. Twice within 24 hours, the Ethereum network experienced finality issues, the first time for 25 minutes and the second time for over an hour. This does not affect end consumers or transactions but does affect stakeholders and developers.
According to the Ethereum Foundation, an Ethereum block takes approximately 15 minutes to complete. “Finality” refers to the assurance that a union cannot be modified or removed from the blockchain without consuming at least 33 percent of the total amount of ETH staked.
On May 13, Prysm Ethereum Client announced v4.0.3-hotfix. This release includes the necessary optimization to prevent the Beacon Chain node from utilizing excessive resources during turbulent periods. The client has strongly advised Ethereum node operators to upgrade their nodes if resource usage is excessive.
According to Prysm, an increase in validator sizes and inopportune old attestations strain the CPUs and memory of the nodes. The release will cause a node to disregard attestation for an obsolete target, thereby preventing future issues.
May 13 also saw the release of the v23.5.0 update for the Ethereum client Teku. Like the Prysm release, this update removes obsolete, problematic attestations from the Ethereum mainnet. Several additions and enhancements are incorporated into the fix for the flaw to prevent future problems.
Nimbus, an Ethereum client, asserts that no critical upgrade is necessary for its customers. However, it will continue monitoring and disseminating fixes if the situation worsens.
Due to a unique design, Ethereum clients Lighthouse and Lodestar experienced a manageable load. While other consensus layer clients on Ethereum experienced high resource consumption, Lighthouse, and Lodestar kept the network alive by validating 40-50% of blocks until the other clients recovered and completed blocks.
Influencers on Ethereum highlighted the critical significance of Ethereum’s client diversity, which prevented a significant outage. The Ethereum blockchain remained resilient despite partial failures, then recovered and completed.
The current ETH price exceeds $1800. It has gained 3% over the past 24 hours, with a 24-hour low of $1747 and a 24-hour high of $1816.
