Ethereum network begins to experience technical problems after the Bellatrix upgrade
Difficulties are due to the fact that not all node operators have updated the software to the actual version
07.09.2022 - 12:20
431
1 min
0
What’s new? After Ethereum developers activated the Bellatrix upgrade on September 6, technical problems were recorded on the network, Decrypt reports. Thus, the blockchain’s missed block rate increased by 1700%. Typically, this figure is 0,5%, but after Bellatrix, it increased to 9%.
Missed block rate is the frequency at which the network fails to process blocks of transactions intended for validation.
What else is known about this problem? Some Ethereum developers believe that the spike in missed blocks may be due to operators who have not yet updated the software to the actual version. According to Ethernodes, 24% (479 Ethereum nodes) have still not updated their software.
The task that Ethereum developers have been facing for several months now is to get all node operators to update their software in anticipation of the blockchain’s consensus algorithm change from Proof of Work (PoW) to Proof of Stake (PoS). Validators that fail to meet this requirement will be removed from the network.
What is known about Bellatrix? It is designed to prepare the Beacon Chain for the merger. After the launch of Bellatrix, investment firm Galaxy Digital noted that the network’s participation rate reached 94,94% and the number of active validators was 403 766 (another 17 743 were offline).
Useful material?
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024