• Ethereum’s Finality pause caused a decline in active addresses, but they bounced back soon after. 
• While the outflow trend has reversed, Ethereum has yet to recover fully from its bearish trend.

The Ethereum [ETH] blockchain encountered a technical hiccup not too long ago, leading to a halt in the finalization of blocks within the network. However, the issue was resolved after some time, and the network’s Finality was restored. So, how did various key metrics respond to this eventful situation?

Read Ethereum’s [ETH] Price Prediction 2023-24

Ethereum: Finality pause and Inactive Leak trigger

During 11 – 12 May, a significant incident occurred on the Ethereum network, involving over 60% of validators ceasing their duties and causing a disruption in Finality.

Finality, a crucial state, occurs when a supermajority of validators (representing two-thirds of the total stake) attest to the definitive state of the blockchain. This guarantees that a block and its processed transactions remain unalterable and cannot be removed from the blockchain.

The second disruption in Finality led to an unprecedented Inactivity Leak, per a recent post from Glassnode. This emergency state was activated to restore Finality on the Beacon Chain.

Both incidents did not affect the end-users on the #Ethereum mainnet with transactions being processed as usual. However, the second stall in Finality resulted in the first ever Inactivity Leak.

An Inactivity Leak is an emergency state utilized to recover Finality on the Beacon…

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Author: Suzuki Shillsalot

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