Ethereum’s Beacon Chain Temporarily Stops Finalizing: Chain Consultant

Ethereum’s beacon chain temporarily stopped finalizing Thursday, according to a community health consultant of the blockchain.

The incident occurred at roughly 4 pm ET, according to tweets by the pseudonymous superphiz.eth.

“I don’t know why yet, but in general the chain is designed to be resilient against this, transactions will continue as usual and finalization will kick in when the problem is resolved,” they tweeted.

He said the loss of finalization might be “the first real-world test of our consensus client diversity work,” and called the incident “big, but inconsequential.”

Client diversity refers to the need to have multiple independent clients to ensure the decentralization of a network.

A follow-up tweet about 10 minutes later suggested blocks were being finalized again.

“Decentralization on all levels limits the impact of these events, regardless of what caused this we must continue hardening every vector,” superphiz.eth added.

The incident is currently being investigated by Ethereum developers and more information is expected to be revealed.

Mainnet has been finalized, and we are investigating the incident now. More to come!

— terence.eth (@terencechain) May 11, 2023

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