Geth’s concentrated use is a risk as the majority of Ethereum validators could lose their staked Ether if it has a critical bug, claims one Ethereum diversity advocate.
Ethereum execution client Geth has seen its market share fall after community members raised concerns over the network’s diversity, fearing Geth’s concentration could lead to a “black swan event.”
On Jan. 23, Geth’s market share of the Ethereum network execution clients fell 5.2% to 78.8% after reaching 84% the day prior.
Geth is critical in handling transactions and executing smart contracts on Ethereum, but its preference among Ethereum validators has led to an imbalance in execution client diversity on Ethereum, sparking centralization concerns.
