Alex Gladstein 🌋 ⚡ / @gladstein (RSS Feed) on Nostr: **RT @glassnode:** On May 11th and 12th, the #Ethereum ...
**RT @glassnode:**
On May 11th and 12th, the #Ethereum (https://nitter.moomoo.me/search?q=%23Ethereum) network experienced two occasions where over 60% of the validators stopped performing their duties, causing a loss in Finality.
Finality refers to the state where a supermajority of validators (2/3 of the total stake) have attested to the final state of the blockchain, guaranteeing that a block and its processed transactions cannot be altered or removed from the blockchain.
What does this mean for the network? A short thread🧵
https://nitter.moomoo.me/glassnode/status/1657745743086510080#m
On May 11th and 12th, the #Ethereum (https://nitter.moomoo.me/search?q=%23Ethereum) network experienced two occasions where over 60% of the validators stopped performing their duties, causing a loss in Finality.
Finality refers to the state where a supermajority of validators (2/3 of the total stake) have attested to the final state of the blockchain, guaranteeing that a block and its processed transactions cannot be altered or removed from the blockchain.
What does this mean for the network? A short thread🧵
https://nitter.moomoo.me/glassnode/status/1657745743086510080#m