The decentralized world computer was hit by the reality of having a single point of failure earlier today after an Ethereum client failed to update its software version.
Infura, an Ethereum service provider run and maintained by ConsenSys, suffered a service outage this morning causing other services and companies to be temporarily blocked from seeing the network's data.
At some point Ethereum developers introduced a change in the code that led today to a chain split starting from block 11234873.
The bug affected a version of the Ethereum blockchain, Geth, and as per Ethereum Foundation team lead Péter Szilágyi, had been lying dormant for two years.
The service outrage caused a temporary hard fork in the Ethereum network - meaning it split into two and had parallel blockchains running with different data.
"In my opinion, today's consensus failure in #EthereumUnicorn face shouldn't be underestimated and should be considered as the most serious issue Ethereum has faced since the DAO debacle 4 years ago. An investigation is in order."
Businesses running Ethereum nodes took steps to minimize any long-lasting impact shortly after the chain split was discovered.
The vulnerability served as a field day for Ethereum critics, who have arguably rightly called the network a centralized blockchain with massive security and technological concerns.
"Ethereum didn't go down, only Infura did!" pic.
Ethereum pumped 6% by press time and is currently trading at $475. Like what you see? Subscribe for daily updates.
Ethereum accidentally "hard forks" after Infura outrage
에 게시 됨 Nov 11, 2020
by Cryptoslate | 에 게시 됨 Coinage
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