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Finality Issues Prompt Update to Ethereum's Beacon Chain

Finality Issues Prompt Update to Ethereum’s Beacon Chain

Ethereum core developers have released patches for Prysm Labs and Teku clients in response to two Beacon Chain finality issues within a 24-hour period. The Beacon Chain serves as the consensus layer for the Ethereum network. Although the network was unable to finalize, live and end users were able to transact on the network thanks to client diversity.

Key points:

– Ethereum core developers rolled out patches for Prysm Labs and Teku clients in response to two Beacon Chain finality issues within a 24-hour period.

– Although the network was unable to finalize, live and end users were able to transact on the network thanks to client diversity.

– Client diversity relates to the number of software clients available to network validators.

– Both Teky and Prysm have released upgrades that implement optimizations to prevent beacon nodes from consuming excessive resources.

– Validators earned $46 million in the first week of May, or 24,997 Ether, a 40% increase over the previous week’s income of $33 million, when 18,339 ETH were distributed as rewards.