Cryptocurrencies
Most Used Blockchain Averts Crisis After Software Flaw Is Fixed
- Ethereum blockchain was divided by mistake in client software
- Network patch swiftly stabilized the blockchain system
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A flaw in the most popular software used to verify transactions on the Ethereum network nearly triggered a crisis for the world’s most widely used cryptocurrency blockchain.
About half of the Ethereum ecosystem split into a separate chain after a bug in the Go Ethereum, or Geth, software effected users who hadn’t implemented an update meant to fix the mistake, said Maddie Kennedy, a spokesperson at the cryptocurrency research firm, Chainalysis.