Despite recent price challenges, Ethereum has increased its churn limit from 11 to 12, prioritizing network scalability and security.Ethereum has increased the churn limit to 12, aiming to enhance network scalability and security
Despite recent price challenges, Ethereum has increased its churn limit from 11 to 12, prioritizing network scalability and security.
- Ethereum has increased the churn limit to 12, aiming to enhance network scalability and security.
- The price of ETH decreases as trading volume decreases.
Although Ethereum [ETH] has recently encountered difficulties in achieving positive price momentum, it has been actively committed to network improvement. A noteworthy development is the increase in Ethereum's churn limit, which has recently increased from 11 to 12. This adjustment is part of ongoing efforts to improve network efficiency and scalability.
Rising customer churn restrictions
Loss restriction plays a crucial role in the Ethereum blockchain as it specifies the number of validators allowed to join or exit the network within a specific time frame. By increasing this limitation, Ethereum aims to accommodate more validators, thereby enhancing network security and decentralization.
However, the behavior of Ethereum entering the queue must be considered. This queue represents the number of validators waiting to join the network, which has been gradually decreasing since its peak on June 10th. The continuous trend indicates that if no new validators join the network by the end of September, the number of pending validators may return to zero.
Despite these challenges, Ethereum has made significant progress in churn rates, reflecting the network's commitment to optimization. In addition, the number of Ethereum validators has increased from 880000 to 924024, indicating a sustained interest in supporting network security and operations.
Verifier's status
Verifiers who are crucial for confirming transactions and maintaining the integrity of the Ethereum blockchain have demonstrated a decline in the past month. These proofs are a key aspect of the Ethereum security framework that requires careful monitoring to ensure network reliability.
However, the daily income growth of validators is limited, with an average daily income of 0.000236ETH. This income level may not be attractive enough to motivate potential validators to actively participate, which may slow down network expansion.
Along with these technological challenges, Ethereum's market performance also faces obstacles. Ethereum prices are still below $1623 and trading volume has also decreased. Therefore, it exacerbates the overall uncertainty within the Ethereum community.
In addition, Ethereum also experienced setbacks when VitalikButerin's Twitter account was leaked due to a security vulnerability. Later, it was confirmed that the SIM exchange attack was used to unauthorized access his account, involving manipulating the telecommunications company T-Mobile to access his SIM card.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
