Artwork

Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

‘When One Client Dominates’: A Case Study of the First Major Incident on Eth 2.0

33:26
 
Share
 

Manage episode 302924878 series 2985513
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this week’s episode, CoinDesk’s Christine Kim and Consensys’ Ben Edgington talk about what caused 70% of validators on Ethereum 2.0 to stop producing blocks on the network and the important takeaways for protocol developers in light of this event. They also discuss the updated roadmap for the Eth 2.0 upgrade as outlined by Vitalik Buterin in a recent presentation.

This episode is sponsored by hellointerpop.io and The Sun Exchange.

Last Friday, April 23, founder of Ethereum, Vitalik Buterin, gave a presentation at the Scaling Ethereum Summit on the upgrades he expects to come after the network’s transition to a new, environmentally friendly proof-of-stake (PoS) protocol.

“The first set of things here is a lot of security improvements, some economic sustainability improvements and some features,” said Buterin at the event. “The far future is just about really nailing down and improving and having extremely strong guarantees about the security of the system.”

Buterin detailed a number of different upgrades after PoS including sharding, rollups, verifiable delay functions, Ethereum Virtual Machine improvements and more. To Kim, the main takeaway from the presentation was not the individual upgrades and their technicalities, but the sheer breadth of work still to be done on the protocol even after its long-awaited merge with the Eth 2.0 network.

“When are we going to get to the end here? ... There seems to be a lot more that we’re going to have to continue to talk about when it comes to Ethereum finally reaching its production ready, world computer phase,” said Kim.

To this, Edgington noted the vision outlined by Buterin was indeed ambitious and big but that he was in full support of such a roadmap.

“I love this idea that we just keep on growing and evolving. It keeps me engaged. There are lots of very interesting problems to solve,” said Edgington.

Speaking of a problem, the Ethereum 2.0 network had its first major incident on April 24 after 70% of validators on the network were suddenly unable to produce blocks. Developers quickly identified the root cause of the issue was from a bug in the Eth 2.0 software client, Prym.

A patch was rolled out to affected validators the same day. The issue still persisted through till Sunday, however, for certain validators who hadn’t upgraded to the latest version of Prysm.

The important lesson, according to Edgington, is for validators, staking pools and developers to be more proactive about client diversity on Ethereum 2.0.

“Here’s an example where the network would have been much more robust if each of the four clients had 25% of validators each. In that case, you’d only be missing a quarter of the blocks if this had happened and the network would have been more or less fine,” said Edgington. “But when one client dominates and that client has a problem, it’s really serious for the whole network.”

Catch the full breakdown of how developers are responding to Saturday’s incident by listening to the entire podcast episode of Mapping Out Ethereum 2.0 hosted by Edgington and Kim.

Links mentioned in this podcast:

-

InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io .

-

The Sun Exchange is offering CoinDesk Reports listeners a free solar cell with your first purchase and automatically lease them to power businesses in sunny, emerging markets.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

30 episodes

Artwork
iconShare
 
Manage episode 302924878 series 2985513
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this week’s episode, CoinDesk’s Christine Kim and Consensys’ Ben Edgington talk about what caused 70% of validators on Ethereum 2.0 to stop producing blocks on the network and the important takeaways for protocol developers in light of this event. They also discuss the updated roadmap for the Eth 2.0 upgrade as outlined by Vitalik Buterin in a recent presentation.

This episode is sponsored by hellointerpop.io and The Sun Exchange.

Last Friday, April 23, founder of Ethereum, Vitalik Buterin, gave a presentation at the Scaling Ethereum Summit on the upgrades he expects to come after the network’s transition to a new, environmentally friendly proof-of-stake (PoS) protocol.

“The first set of things here is a lot of security improvements, some economic sustainability improvements and some features,” said Buterin at the event. “The far future is just about really nailing down and improving and having extremely strong guarantees about the security of the system.”

Buterin detailed a number of different upgrades after PoS including sharding, rollups, verifiable delay functions, Ethereum Virtual Machine improvements and more. To Kim, the main takeaway from the presentation was not the individual upgrades and their technicalities, but the sheer breadth of work still to be done on the protocol even after its long-awaited merge with the Eth 2.0 network.

“When are we going to get to the end here? ... There seems to be a lot more that we’re going to have to continue to talk about when it comes to Ethereum finally reaching its production ready, world computer phase,” said Kim.

To this, Edgington noted the vision outlined by Buterin was indeed ambitious and big but that he was in full support of such a roadmap.

“I love this idea that we just keep on growing and evolving. It keeps me engaged. There are lots of very interesting problems to solve,” said Edgington.

Speaking of a problem, the Ethereum 2.0 network had its first major incident on April 24 after 70% of validators on the network were suddenly unable to produce blocks. Developers quickly identified the root cause of the issue was from a bug in the Eth 2.0 software client, Prym.

A patch was rolled out to affected validators the same day. The issue still persisted through till Sunday, however, for certain validators who hadn’t upgraded to the latest version of Prysm.

The important lesson, according to Edgington, is for validators, staking pools and developers to be more proactive about client diversity on Ethereum 2.0.

“Here’s an example where the network would have been much more robust if each of the four clients had 25% of validators each. In that case, you’d only be missing a quarter of the blocks if this had happened and the network would have been more or less fine,” said Edgington. “But when one client dominates and that client has a problem, it’s really serious for the whole network.”

Catch the full breakdown of how developers are responding to Saturday’s incident by listening to the entire podcast episode of Mapping Out Ethereum 2.0 hosted by Edgington and Kim.

Links mentioned in this podcast:

-

InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io .

-

The Sun Exchange is offering CoinDesk Reports listeners a free solar cell with your first purchase and automatically lease them to power businesses in sunny, emerging markets.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

30 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide