Journalist
Posted: February 26, 2025
- Ethereum Pectra upgrade was shipped out but encountered a misconfiguration issue.
- ETH ($2,508.40) dropped to its 2024 lows above $2K; will it recover from the support?
The much-awaited Ethereum[ETH] upgrade, Pectra, was shipped out on the Holesky testnet on the 24th of February.
However, it encountered finalization issues, where all nodes must reach a consensus on the blocks produced to make them immutable.
According to ETH developers familiar with the matter, the finality issue was caused by a misconfiguration on major execution clients, namely Geth, Nethermind, ETHjs, and Besu.
Georgios Konstantopoulos, Paradigm CTO, and one of the team members behind the upgrade