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The Ethereum Beacon Chain Underwent a Major Reorganization

The Ethereum Beacon Chain Underwent a Major Reorganization

The Beacon Chain of Ethereum 2.0 underwent a seven-block deep reorg.

Unfortunately, this demonstrates that the analysis by Georgios Konstantopoulos and Vitalik Buterin was too optimistic when in the article they claimed that reorganization stability would improve under Proof-of-Stake compared with Proof-of-Work. We have not seen a seven-block reorganization in Ethereum for many years, wrote Gnosis co-founder Martin Köppelmann.

As a result of the incident on May 25, blocks #3,887,075 — #3,887,081 were reorganized.

According to Preston van Loon, the team suspects the fault arose from ‘non-trivial segmentation’ of the new and old client software.

We suspect this is caused by the Proposer Boost fork not being fully implemented in the network,

— отметил он.

Ethereum co-founder Vitalik Buterin, named this ‘a good hypothesis’.

Another leading developer Terence Cao confirmed that the reorganization became possible due to different client software update timelines. By his count, about 75% of nodes had implemented Proposer Boost, and 25% had not.

“Such an incident had a 0.256 chance of occurring. So it’s a big coincidence,” the expert stressed.

As reported, developers named August as the most likely time for Ethereum to move to the Proof-of-Stake consensus algorithm.

In June, the Ropsten testnet will be migrated to it.

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