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Geth Ethereum network experienced a drop of 5% in shares amid fear of the ‘black swan event’.
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Network’s shares declined 5.2% to 78.8% after heating 84% the day earlier.
A post from Lachlan Feeney, founder, and CEO of Ethereum infrastructure firm Labrys on January 23, stirred the crypto market, especially the Ethereum stakers. The post alerts that Ethereum validators could risk losing everything. A bug is expected in the Geth network, hinting towards a ‘black swan event’. The bug is expected to a more than 80% vanish of ETH staked on the network. The news resulted in a 5% fall in Geth Ethereum Network shares.
What’s Going on With Geth Network
On January 23, 2024, Geth’s market share of the ETH network execution clients declined 5.2% to 78.8% after heating 84% the day earlier. The fear of the ‘black swan event’, is considered to be the main reason behind the share fall.
Geth, the abbreviation of Go Ethereum’s concentra
We współpracy z: https://www.thecoinrepublic.com/2024/01/24/the-black-swan-event-fear-affected-geth-ethereum-network-shares/
