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Ethereum releases an urgent fix for a problem with transaction validation

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Ethereum releases an urgent fix for a problem with transaction validation

ethereum

Key Points:

  • The Ethereum designers have distributed a crisis fix for the new exchange approval issue.
  • Within 24 hours, the network was said to have a second transaction validation issue.
  • The technical operations of the world’s second-largest cryptocurrency network have not yet prompted public concern from Ethereum developers.
A few hours ago, the Ethereum developers announced an emergency patch for Prysm clients affected by the recent transaction validation issue.

Promptly in the first part of the day of May 13, the Ethereum network again recorded a specialized issue, making the block unfit to be approved by the validator and destined to be put away on the blockchain.

It is realized that the episode went on for almost 90 minutes, more serious than the one that happened 24 hours prior at first light on May 12.

The blockchain will enter an “inactivity leak” state if Ethereum fails to validate the transaction, preventing the sender of the validation results from receiving a reward. Interestingly, the validators who can’t interface with the organization won’t get a prize actually be fined.

Ethereum

Ethereum

Even though the clients are still deploying the patch, some experts believe that a client running the validators’ node may be the root of the issue. Consequently, there is a warning that Ethereum’s transaction validation issues are likely to recur for the third time.

The Ethereum community is extremely concerned about the technical operation of the world’s second-largest cryptocurrency network because the developers have yet to determine the cause of the error.

 

 

 

 
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However, the majority of developers guarantee that the issue only affects the transaction validation of the validator. However, the blockchain itself does not cease to function; users’ transactions are typically recorded on the blockchain; however, processing takes longer.

Be that as it may, the accident unquestionably impacted the activity of billion-dollar cryptographic money conventions based on Ethereum. The DEX dYdX at day break earlier today needed to report the suspension of the store capability until the issue was settled.

 

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