Ethereum: Is your ETH safe? New data raises some Qs for you…

is known for its reliability and hasn’t faced any major issues. However, questions were raised about the network’s security recently.According to the findings of crypto analyst Christine Kim, Ethereum’s security model poses certain vulnerabilities. Her analysis delves into potential exploits that attackers might employ against Ethereum’s proof-of-stake consensus protocol.

As the attacker’s stake reaches certain thresholds, their power escalates, leading to outcomes like finality delays, double finality, censorship, and control over both the blockchain’s past and future. This dynamic creates a race between the attacker and the Ethereum community, where swift social coordination could render the attacker’s investment futile.Despite these security concerns, it was business as usual on the Ethereum network. AMBCrypto’s analysis of Santiment’s data revealed that the gas usage on the Ethereum network had remained consistent over the last month.

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