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Ethereum Patch Set to Fix Transaction Finality Challenges Afte | Crypto | Bitcoin | Blockchain

Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network

Ethereum
’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that despite this setback, “No transactions were halted” and the incident had “zero impact on chain activity.”

In a span of two consecutive days, the Ethereum blockchain encountered transaction finality challenges, commencing on May 11, 2023, and recurring on May 12. Although the initial incident lasted a mere 25 minutes, the glitch on Friday persisted for over an hour. The exact cause of these halts remains uncertain, although speculation arose regarding potential complications related to staking clients and MEV glitches. In spite of the dual setbacks encountered by the Beacon chain, Superphiz, the Beacon Chain community health consultant, reassured that the repercussions were minimal. “No transactions were halted,” the developer tweeted. “The network continued as expected.

Source

https://t.me/Crypto_Bitcoin_Blockchain