About 84% of Ethereum validators are powered by Geth, raising concerns about lack of diversity in Ethereum clients

Odaily News Currently, about 84% of Ethereum validators are powered by Geth. The recent outage of the small execution client (Nethermind powers about 8% of Ethereum validators) has reignited concerns among industry players that Geth’s dominant market position could have serious consequences if its programming goes wrong. Depending on the nature of the vulnerability, a Geth failure could bring down the entire network, preventing validators from adding new blocks to the blockchain. Analyst Cygaar noted in an Citing data from execution-diversity.info, Cygaar noted that major cryptocurrency exchanges such as Coinbase, Binance and Kraken all rely on Geth to run their staking services. “Users who staked in the protocol running Geth will lose their ETH in the event of a critical issue,” Cygaar wrote. (CoinDesk)