Terence Chain stresses the importance of choosing the LMD-GHOST fork
- Terence Chain has expressed his newfound appreciation for the vitality of the blockchain, specifically choosing the LMD-GHOST fork.
- It experienced two terminal crashes within 24 hours, which raised security concerns.
- Despite the disruption, Ethereum continued to run smoothly, and users were hardly affected.
Terence Chain of Prysm Ethereum Client tweeted on May 12 that they have developed a new appreciation for the vitality of the blockchain, in particular the choice of the LMD-GHOST fork, “since yesterday’s incident.”
I’ve developed a new appreciation for the vitality of the blockchain (particularly the selection of the LMD-GHOST fork) since yesterday’s incident. Ethereum hasn’t finished for 3 periods, but it has moved on. Users were hardly affected or noticed the end gap.
– terence.eth (@terencechain) May 12, 2023
On May 11, the Ethereum blockchain experienced a technical issue, which led to a disruption where blocks were not completed for over an hour. This incident marks the second such outage in the past 24 hours.
Terence Chain added that although Ethereum has not been terminated for 3 periods, it has continued to run smoothly, and users have not noticed or been affected by the end gap.
Furthermore, a Twitter user shared that those who counted on the chain ending, such as those waiting for L1 to L2 deposits, were among those affected. However in conclusion,
If we chose strong security over life, the chain would have stopped, and the user experience would have been much worse at that time.
Friday’s incident raised major security concerns for users of Ethereum, the second-largest blockchain by market capitalization. The Ethereum Foundation stated that during periods when blocks are not finalized, there is a potential risk that pending transactions will be re-ordered or even dropped from the network.
Meanwhile, Terence Chen reported on May 13 that the network has resumed terminating blocks. However, this was the second time in the 24-hour period that Ethereum’s performance has been affected, with the same problem occurring on Thursday when the finale was paused for about 25 minutes.
Post Terence Chain emphasizes the importance of the LMD-GHOST Fork Choice which debuted in Coin Edition.