🔥 Technical deep dive: Transaction finality
Ethereum requires two-thirds of staked ETH to participate in voting for finalization. If too many validators go offline, finalization pauses, but blocks continue to be produced as usual.
When receiving a large payment, wait for enough confirmations or for finalization before shipping—don’t just rely on “on-chain.”
On Ethereum, the $ETH in staked ETH serves as a guarantee of finality: overturning a finalized block would result in the loss of a large amount of stake. Currently, 2536.59.
Have you run into similar pitfalls? Share your experiences to help warn others.
#ETH
Ethereum requires two-thirds of staked ETH to participate in voting for finalization. If too many validators go offline, finalization pauses, but blocks continue to be produced as usual.
When receiving a large payment, wait for enough confirmations or for finalization before shipping—don’t just rely on “on-chain.”
On Ethereum, the $ETH in staked ETH serves as a guarantee of finality: overturning a finalized block would result in the loss of a large amount of stake. Currently, 2536.59.
Have you run into similar pitfalls? Share your experiences to help warn others.
#ETH