Earlier today, the Ethereum network was hit by a catastrophic consensus problem that affected the vast majority of its nodes. Users have been advised to update to the patched version of the client as soon as possible.
According to developer Marius van der Wijden, an attacker took use of a flaw found in previous versions of Geth, Ethereum’s most popular software client, to cause older nodes to disconnect from the network.
Earlier this week, GitHub released version 1.10.8, dubbed “Hades Gamma,” which includes a hotfix for the vulnerability in question.
Even though the Go team remained tight-lipped about the specifics of the problem, the public revelation may have played into the attacker’s hands.
Users should update to the patched version of the client as soon as possible, according to the developers. At the time of writing, just 27% of nodes have applied the patch.
According to Ethernodes.org, the Geth client is used by around 75% of all Ethereum nodes. The most recent vulnerability demonstrates how reliant the network is on the Geth client. It’s worth mentioning that popular EVM-compliant chains are also under jeopardy.
The ETH market appears unaffected by the situation.
The Ether price appears to mostly disregard the mayhem when an active issue was identified on the Ethereum network.
Despite a chain split, the largest altcoin is up more than 4% at the time of writing.
Vulnerabilities aren’t rare on Ethereum, after all. Due to a serious flaw in OpenEthereum’s coding, 13 percent of the network’s nodes fell offline around the same time last year.