Ethereum Gets Update After Second Outage

While Ethereum faced a pause for the second time yesterday evening, an update on the subject came from Prysm.

There have been speculative problems in the Ethereum network recently. Ethereum, the most used blockchain in the memecoin rush that started with Pepe, is now facing transaction settlement problems.

It was seen that the network, which was previously exposed to a 25-minute block confirmation problem, experienced a similar problem for about 1 hour yesterday evening. Ethereum developers and Prysm have released v4.0.3 to fix the network.

What Happened on the Ethereum Network Scared

There were two different problems on the Ethereum network. The developers tried to keep the community calm and worked hard to solve the problems. The new update from Prysm has been released via Github.

The Ethereum network encountered a network problem for the second time in 24 hours yesterday evening. In the second problem, blocks could not be completed for more than an hour and technical problems arose. After a 25-minute pause on Thursday, speculations began to emerge with the problem that occurred last night.

Explanations were also made by dYdX. dYdX has temporarily suspended deposits due to Ethereum being inconclusive.

Making statements in the middle of all these processes, Ethereum developers stated that there is no problem and they are trying to find a solution. Scrool developer Toghrul Maharramov said in an interview with CoinDesk that he is not worried and they are trying to figure out what caused the situation.

On the other hand, Ethereum client Prysm has taken on a savior and announced its new update. Prysm has released the latest version that fixes network instability and optimizes too much resource consumption. This version has been publicly shared on Github.