Finance News
By Steven Anderson
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Ethereum (ETH) Evan Van Ness on 8 Reasons
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Medalla testnet is the final multi-client testnet before the Phase 0 launch of ETH 2.0. A bug took away most of the testnet’s validators offline and therefore it was halted…
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When this happened one of the Six Medalla servers were affected. The service stated that the time of the day as being one ahead in to the future.
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Since the validators incorrectly proposed the blocks and attested the future slots the bug affected everyone who were using the Prysm client.
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It was expressed that the recent Medalla Testnet incident is a learning experience. The validator who stated this was Raul Jordan, Prysmatic Labs’ editor.
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Ethereum.Network tweeted: “ETH 2.0 Validator Says Medalla Testnet Incident Was a “Learning Experience.”
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Sydney Ifergan, the crypto expert tweeted: “Ethereum (ETH) is already huge and it is not very weak to die.
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Evan Van Ness talks about 8 reasons on why the Medalla testnet bug is bullish for ETH2. He has a YouTube Video on 8 reasons why the Medalla bug is bullish for Eth2.
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#1: The obvious: One unnecessary dependency has been removed from the Prysm client. No other team was relying on a third party for time stamping, and now Prysm is not either.
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#2: Medalla never died! Despite 70% of validators immediately vanishing from the network and DOSing the chain with messed up blocks/attestations, the chain kept going.
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Medalla is finalizing again. Despite being a testnet where stakers have little incentive to keep their validators up, yesterday Medalla returned to justifying & finalizing…
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#4: It will now be easier for stakers to safely switch clients. Eth2 clients are now making it easier to export your validator's database so that you can switch clients, if one…
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#5: This underscored how important client diversity is. If no client has above 33% of the network, then not even a major bug in a client can halt the network from finalizing.
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This means that there's not even that much of a penalty getting knocked offline even if you stake with the #1 client (by validator share) and it has a major bug.
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Reminder: YOU ARE INCENTIVIZED TO STAKE WITH A NON-MAJORITY CLIENT
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