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Coinbase CEO Reacts to Ethereum Staking Major Issue: Details

Single-client setups, mentioned in the post criticizing Coinbase (NASDAQ:COIN)’s staking methods, can be more vulnerable to network-wide outages or consensus bugs. If most network participants are using the same client and a bug is discovered in that client, it could lead to a large portion of the network going offline or agreeing to incorrect state transitions.

This happened in November 2020 with Ethereum‘s Geth client, where a bug led to a chain split. A multi-client approach, where the network is supported by different software clients, is considered a best practice as it helps to prevent any single point of failure.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

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