In a move towards a more diversified Ethereum execution client ecosystem, AllNodes, a staking provider, has announced its complete transition from Geth to Besu. With this shift, AllNodes has eliminated the use of Geth across its entire network of 23,895 nodes, marking a milestone in the ongoing efforts to reduce the current centralization around Geth, a majority […]
Adam Cochran, a crypto analyst, is urging Coinbase, the largest cryptocurrency exchange in the United States by trading volume, to prioritize the creation of an insurance fund for its users rather than focusing on diversifying its Ethereum client infrastructure. Coinbase Should, Most Importantly, Have An Insurance Fund In a post on X, Cochran thinks the exchange’s current […]
A Rocket Pool advocate has warned of the potentially catastrophic consequences of a bug in Geth, a top Ethereum validator client. The analyst is concerned that over-reliance on the client, especially by top protocols, notably Lido Finance, poses a significant centralization risk that could “negatively impact reliability and stability.” Over-Reliance On Ethereum’s Geth Is Very […]