Coinbase Targets Ethereum Client Diversification to Mitigate Centralization Issues

Coinbase Targets Ethereum Client Diversification to Mitigate Centralization Issues



Coinbase, a leading cryptocurrency exchange, has recently declared its intention to expand the variety of Ethereum execution clients it uses in its infrastructure. This move is a strategic response to the growing influence of Geth (go-ethereum) within the Ethereum network, a trend that has sparked debate among industry experts.



Originally, Geth was the sole Ethereum (ETH) execution client that matched the technical specifications required by Coinbase for Ethereum staking. Since its establishment, Coinbase Cloud has rigorously assessed various execution clients, but until now, none have met their stringent criteria. This exclusive reliance on Geth is reflected across the network, with about 84% of Ethereum validators using Geth. However, a shift in this trend is now observable.



Geth's vital role in the Ethereum network involves


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#Blockchain, #Coinbase, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

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