The second-largest cryptocurrency by market capitalization, Ethereum (ETH), has encountered technical issues that have caused serious security worries among ETH holders.
The blockchain had trouble finalizing blocks, which prevented transactions on the ETH network from being final.
This has raised questions about the Ethereum blockchain’s reliability and security, as well as how it may affect the whole blockchain ecosystem.
Thursday and Friday were the days that a specific outage of the Ethereum blockchain caused serious security concerns among ETH investors.
Block completion delays on the blockchain caused stability problems and failed transactions on the ETH network.